agree,net win records ️️️️️️️️️️️'tick'solid growth vs...

agree,

net win records ️️️️️️️️️️️'tick'
solid growth vs pcp and qoq 'tick'
successful operations in 14 states plus Ontario 'tick'
sounds like maryland and ohio exceeding expec. early. great
NBC tweak to bring down spending 'tick'
headcount freeze given scale 'tick'
4 weeks time launch into state 15, big state, big tick
cash actives growing nicely in US 'tick'
Australian business stabalising at a higher level post covid with costs flattening out or reducing , product improvements on an already ebitda + operation 'great' no wonder betr are interested , so they should be, is it going to well though that not worth changing its name to betr in a sale ??

hint thrown out by Sam that NJ going ebitda + by June 'great" tick.


ok....plenty to like , on the surface and in light of those positives , it appears a business you could say is "flying" going strong, smashing it, blue skies.....

yet despite these achievements, net cash flow came in at 75.7m.....

without getting into the exch rate impacts...

for Q2 2023
we have brought in 106m
but we have sent out the door 174m (core op exp)

for Q2 2022
we brought in 77m
sent out 147m


70m net cash outflow same period last year.

so if management wonder why the stock gets punished qtr after qtr , think about it, if 70m goes out the door qtr after qtr regardless of state entries or product refinements or user strategy , how many more qtrs can we sustain this ???

12 months on and its the same old story
well guess what , if its the same story then the stock price will get the same treatment

these bright minds at head office better have some tricks up their sleeve because in 12 months time, the cash balance will be zero.

come to shareholders asking for a dilutive raising under $3 and the answer will be how about a board spill