Huge result, ARR up nearly 20% QoQ and that is all organic right. Cash receipts a bit disappointing but they have the cash to see them through for now.
Next couple quarters will be interesting because they state the core business costs $60m per year and are has hit $52m so if cash receipts improve the losses should narrow. I think I'll buy some more at these prices.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5
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