Doesn't look too bad to be honest.
Revenue is steady.
Cost had dramatically come down.
GP is looking fantastic.
liabilities have also been coming down ($725k drop in this quarter)
Cash is a worry, but hopefully with R&D funds coming in, Nexion should be able to trade their way into a profit. Then if a capital raise is needed, it wont be an issue as share price had gone up due to profitable trading.
Well done Nexion, you are on the right path.
Doesn't look too bad to be honest.Revenue is steady.Cost had...
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| NNG (ASX) Chart |
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