scary! re-read the article! it spells out the core issues precisely!!!
so, wasted $$$ acquiring Ezibuy - major lo$$ maker!! (sacked half the crew there - so good luck steadying that ship - let alone growing it)...!
up 22% - vs when they were SHUT
lol.....22% revenue but what about "profit"?? luv how mngt always refer to top line growth but all that matters is profitability and REAL margin (not gross margin!!). Negative operating cashflow - no matter how much they discount to make sales - its simply not covering the costs - off by a mile!
i do wonder what the lenders think.....!
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