Column 1 Column 2 Column 3 Column 4 Column 5 0 02/02/2015 Newzulu Completes $11.5 million Capital Raising 2
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 0 29/04/2015 Newzulu completes A$2.6 million Placement 2
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 0 18/08/2015 Newzulu to raise $5 million to advance expansion strategy 2
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 0 21/12/2015 Newzulu raises $3 million to accelerate international growth 2 -
That was the money raised in 2015: $22m. That's how much it cost to "run" the company, and the lifestyles of those within it. From this year, though, we have media professionals running the company, two cornerstones (SWM and Thorney), $4.5m permanent cost cuts, and no new capital raising until Q3, FY17. So, they've made it through with one capital raising this year, and will live on what they have.
