Looking at the good bits ... and some basic accounting 101 ... for the numerically challenged
Revenue ...money coming into OBJ ... $1,086,000 ... up 49 %
... 49 % ... means lots more money coming in to OBJ's coffers ....
Outgoings ( losses - the costs of doing business ) down 12 % ... so the Company's costs of doing business are coming down also
Dividends - nil .... waiting for that little baby ....
Receivables - ( money coming in from all sources ) is $692,623 .... as oppossed to $ 157,714 last year
.... is $534,909 MORE than last year
Receipts from customers .... which would be included in the receivables above ... is $ 574,950
... which leaves $117,673 ... from other sources of income
... with only 1 product in a ' trial release ' ... in a limited release ... to a small test market
... borrowings are down.. so some money has been paid back
... money in the bank ... Cash and cash equivalents ... $ 4,532,285
cant wait till they roll out the whole host of new products ... especially the mass market ones ....
OBJ is paving the way solidly ... minimal cash burn and improving revenues .. from minimal product releases to date .. with a host of new products ( and potentially very large revenue streams ) waiting to be released ...
... all the way with OBJ
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