VR1 12.5% 1.8¢ vection technologies ltd

Ann: Multiple contracts awarded adding $971k in TCV, page-7

  1. 6,938 Posts.
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    The financial detail in these latest announcements will be very welcomed by the deeper pockets of the market. They can now get the information they need to run the ruler better over an investment, so VR1 could be at a decent turning point. It will still come down to cashflow though imo. Can they improve the balance sheet or will fundies hold out for a cap raising to enter the register.
    Until they start announcing their Annual Recurring Revenue I'll stay as a watcher as there still seems to be too much low margin hardware based sales and one off projects bringing in the revenue for now.
    Last edited by Klue: 20/02/24
 
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