Page 14 of presentation at the conference - in the last 6 quarters, there have been 2 quarters with identical revenue before a small jump in subsequent quarters.
I am pleased with reduced net cash outflow.
For reasons unknown to me, Morningstar are expecting only 20m revenue this year i.e. flat on Q1 but their valuation is $18. The net cash outflow expected by them for this year is $28m which I think we are on track for.
Overall, to me these are good results provided there is a pick up in revenue for the next quarter.
Mid term, the most important thing is to get reimbursement for out of hospital patients as that tripes current TAM.
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