Hey Chuxa, it should be a good print largely due to the stock buildup which needs to be unwound. One would assume that a (large?) part of the normal cash outflows have been incurred in prior quarters. We know this as a previous 4C showed it and management have mentioned it.
I have seen this happen in other companies and it can be quite powerful.
We’re also comping against Sep which from memory is seasonally weaker than Dec.
Add in that we’re still a growing fairly well so unit sales and subscribers should still be increasing…
All of this suggests that the 4C should be pretty good and I think we will surprise on the upside.
It doesn’t hurt that confidence/interest in the stock is fairly low - a positive surprise in a low volume stock with little interest can create some fireworks.
Either way still an easy hold for me. While we might not achieve the numbers I originally hoped for calendar 2023 will be the inflection year. GLTAH
BCC Price at posting:
24.0¢ Sentiment: None Disclosure: Held
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