Australia's largest stock trading and investment forum Australia's #1 stock forum

IHR

Click for more information

0.00%

23.5¢ intellihr limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3

First 3 Last

Share
Profile

Follow
M4444

201 Posts.

63

29/07/22

21:51

Post #: 62822866
Share

Originally posted by interested6: ↑

A promising result. A good reduction in cash burn. Also, some savings from the restructuring - with likely more this quarter. The lower new ARR was slightly disappointing but it will vary and is still increasing.

Cash burn is decreasing. However, I think they will run out of runway. I feel a couple of million dollars more cash would get them through. A capital raise is one option. However, with a solid and growing ARR of almost $8 million I would think getting a loan maybe realistic. That would save them doing a capital raise at the current ridiculously low price.

Expand

Agreed mate. i was praying for a higher fugure on rev but good to see on cash burn. slow and steady we go.
1 Upvote

0 Great analysis

Reply

Top Stories

Talking Australia's very competitive property landscape: Realty Talks

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

AI stocks: What to expect in 2024-25

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

There are more pages in this discussion • 15 more messages in this thread...

First 3 Last

Add IHR (ASX) to my watchlist