AJX 8.33% 1.1¢ alexium international group limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-36

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    lightbulb Created with Sketch. 137
    Yep revenues would be a way off and certainly 25 financial year but recognition of the win would be given beforehand.

    The aim is to get profitable on bedding alone and they are doing that by saturating every price point, segment and player. They are expecting to reach profitability before consumer sentiment improves.

    Then body armour and other peripherals at this stage have been a learning curve and big markets. Glad to see distributor agreements in other regions - cost effective way of doing this.

    Miliatary drops in any sense and the company would be completely rerated.

    They are managing the cashflows better than most other companys in this phase - credit to the whole team.
 
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