Incorrect.
Capital raise of circa $4M + cash at bank.
Also higher than average quarterly outflow last quarter, due to forward ordering to secure stock in low supply to feed into already contracted sales pipeline.
So I'm very hopeful X2M make quality use of these funds. Our annual revenue is literally about to overtake our Market Cap. Insane. Show me another company in that position (no seriously, please show me I'd like to invest)
Let's go.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-6
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