Back in 2019, expectations were that De.mem would achieve revenue growth due to its strong product /technology. Instead we've seen a run of cap raises, and acquisitions muddying water. It's hard to understand what's driving revenue growth and whether the original demem product is actually what customers want.Despite tripling revenue the company is still not break even which raises questions about their margins and costs.Could definitely still come good but they need to prove they can make a profit.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-12
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