You asked for cashflow positive? You got it!
"Acrux expects to deliver on its indication of increasing cash reserves during the
current December quarter. Of the $3.742m FY22 R&D Tax Incentive Rebate
received, $2.749m was received in the December Quarter. Additionally, revenue
from client contracts continues to grow and these combined inflows are expected to
exceed cash outflows during this period.
Looking beyond December, our forward cash projections reflect new sources of
operating revenue to be derived from the products launched in CY 2022 and CY
2023."
Not quite what I thought it meant. Well played, well played.
You asked for cashflow positive? You got it!"Acrux expects to...
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