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4.35%

11.0¢ echoiq limited

Isn’t 4.5M involved the development cost which will be less now...

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superman2020

267 Posts.

26

22/06/23

21:05

Post #: 68426535
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Originally posted by dude342: ↑

Just $70,000 p/a but it is a start.

What's the math on being cash flow positive?

Current cash burn is $4.7m a year, so about 68 hospital @ $70k each. However, with 68 hospitals you'll need more staff to manage customer support, so likely a bit higher as they scale.

Very positive, but sill a bit of a way to go with this. Expect cap raises for a while yet.

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Isn’t 4.5M involved the development cost which will be less now as it is already developed..

Last edited by superman2020: 22/06/23

EIQ Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 11.0¢		Change -0.005(4.35%)		Mkt cap ! $54.46M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.0¢	$28.75K	256.6K

Buyers (Bids)

No.	Vol.	Price($)
6	438104	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	80000	1

View Market Depth

No.	Vol.	Price($)
6	438104	0.110
3	550000	0.105
4	254029	0.100
1	100000	0.098
2	200000	0.096

Price($)	Vol.	No.
0.120	80000	1
0.130	142525	1
0.135	249999	1
0.145	3600	1
0.150	398791	3

Last trade - 11.07am 02/05/2024 (20 minute delay)

EIQ (ASX) Chart