Not being cashflow positive till 2025 is quite obvious and is a realistic guide. Not only do you have to build a team of people, you also need to train them. This always takes a lot of capital to start with, not to mention, CYC is only rolling out 20 of these generators before the end of the year. That won't even make a dent in the costs incurred this half to complete FDA. It is only from next year onwards that the ball gets rolling with more generators being placed at sites, adding to installation, hiring and patient fees.
CYC Price at posting:
$2.74 Sentiment: Buy Disclosure: Held
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