K2F 85.0% 18.5¢ k2fly limited

Ann: Operational Update, page-9

  1. 136 Posts.
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    I don't think many have actually read and understood the update.

    There is no delay with SAP, porting to HANA was actually completed in March as per previous company guidance. Now they are on the APP Center, which is an added bonus.

    What's not to like with progress? Revenues just shy of $1m for the qtr, net cash flow positive of around $150k to mid June for the qtr. Plenty in the pipeline and all without a zac in revenues from SAP to date.

    Brian keeps delivering and keeping the market informed. Still early days but my gut feel is that K2F will become a serious cash flow generator off the back of a SaaS model and quality software. and that's aside from the consulting side of the business.

    I already hold quite a few, but have topped up again today. Mkt cap only $15m.

    DYOR folks....and read the announcements.
 
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