- Great revenues, and prospective revenues it seems. 60m now.
- Higher corresponding COGS - seems like a combination of staffing shortages and rising prices have led to a terrible -ve GP
- cashflow is negative by 3m. So far from cash flow breakeven.
Not out of the ordinary given contracts need to be fulfilled, and sometimes expenses must be taken up for the good of the long term.
but given the poor history and inability to show margins, further wait and see for me.. until they show performance and actual margins i'm going to continue to be sceptical.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2
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