IMO this not very encouraging... Its a little bit like ground...

IMO this not very encouraging... Its a little bit like ground hog day.. the revenue streams are not increasing as strong as you would hope, the cash burn is however...

Honestly though 9spokes would be cashflow positive by now..  at this pace it will never happen...

The Group incurred a net loss of $3.76 million for the six months ended 30 September 2021 and at balance date had cash at bank of $6.37 million.

Someone scored out of this:
Professional, rent, office costs and other administrative expenses includes $339,000 of costs relating to the confidential, non-binding, indicative, incomplete and highly conditional proposal received during the six months ended 30 September 2021. A significant portion of the overall costs incurred related to a body of works by a global service provider in directly scoping the addressable market for the open data opportunity, which also included specific information on global benchmarking and valuations which was relevant to the assessment of the proposal. As at 30 September 2021, this proposal is no longer being pursued. The Company have also invested in consulting services to further develop our market proposition.

There is some bad management at play here IMO... I keep thinking about a re-entry, wondering when the tide will change here for cash flow positive... just doesn't look like its happening... excuses of staff issues and alike seem to be the go also... funny how they wasted so much money on someone else's offer for the company, yet they obviously didn't like what they saw and walked away letting 9SP cop the bill... yeah nice one Adrian..

unlucky for shareholders this report... still no legs to be seen...