ALC
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9.72% 7.9¢ alcidion group limited

Ann: Q4 FY23 Quarterly Activities Report and Appendix 4C, page-59

  1. Pallab12
    90 Posts.
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    30/07/23
    20:48
    Post #: 69065218
    This quarter looks impressive. However if we look at yearly report FY22 vs FY 23, its losing steam.
    End of FY 22 cash balance approx 17 m now 14 m.
    Revenue up from approx 34.4 m to 40 m but don't know how much of that is converted to ARR.
    This company is depleting its cash balance for last 3 yrs which is when I had started looking.
    I was looking forward to buy but not still not convinced.
    AIMO.
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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