Despite what the market reaction may be today, this first half is actually the strongest start EOS has ever had
I am in agreeance with TT on the justification behind cashflow deficit, l don't think it's terrible but my concern is that it may set the theme for remaining quarterly cashflow position for the year.
With all the media releases regarding Ukraine engagement, l would've loved to see a bit more update with regards to those contracts. It really felt like a copy and paste from the last quarterlies.
Finvestment made a really good callout in a previous post - these results have likely baked in the last leg of the $440M ME contract. Remaining pipeline isn't strong. Future valuation will be guided by new contract release.
EOS Price at posting:
$1.89 Sentiment: Hold Disclosure: Held
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