Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-4

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    lightbulb Created with Sketch. 349
    Oof, was expecting to see it in the green.

    Check the funky accounting here. Adding back the full Advertising expense of $5.5m as a 'one-off', but also detailing that Q2 will revert to regular Advertising expense of $1.6m (compared to Q4).

    Even with a normalised Advertising expense, that is $1.3m in the red for Q1.

    What Quarter will we see this cashflow positive?


    https://hotcopper.com.au/data/attachments/3729/3729963-0d59785cfca0bea49fd5c894244dcd32.jpg
 
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