there's ugly and then there is this! if it wasnt for the $1.097m Govt grants then the business would have lost $3.688m in the last 12 months. that's a loss the size of 42% of the total revenue for the year.
the orders announced in this last quarter are not due to be delivered until Q2 and 3 this next financial year. So what revenue are we going to get in Q1?
" DXN continue to streamline costs with further reductions initiated in the quarter with cost reductions benefiting future quarters." - does this actually mean anything or commit to anything?
Nothing has been said about the sale of the data centre operations side of the business, which is probably good as it is bringing in $700k per Q.
DXN Price at posting:
0.2¢ Sentiment: None Disclosure: Held
