EVS envirosuite limited

Ann: Q4 Sales Update - Record Quarter $6.8m New Sales, page-20

  1. 2 Posts.

    Yes I appreciate the difference between cashflow and EBITDA, but I am seeing a H1 FY23 cash outflow of -$128k for operating activities and ~$3m outflow for development costs that have been capitalized, so I figured the company would be close to cashflow positive based on the recent sales or at the very least that operating activities would be funding the development.

    Has management ever come out and talked about the development costs and where they will sit on a normalized basis ? It is hard to know if that is BAU development or if is for a specific bit of tech / software the company is hoping to build out.
 
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