EXT 7.69% 1.2¢ excite technology services ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

  1. 1,435 Posts.
    lightbulb Created with Sketch. 163
    I have calculated the cash burn of our last 4 to 5 quarters we have dramatically reduced cash burn from 600 k to 500 k to 355 and this quarter burning just over 200k so slightly this is very impressive on a long term perspective!

    The big cyber partnerships trend Schneider and vocus are trending well with contracts looking to achieve scaled revenue on a reoccurring bases .

    cash receipts 1.8 million with accounts payable increasing to just over 1 million . Needs a quarter or two and I am happy to rerate this company.

    Any big contracts and a big rerate is on the cards sit back and wait shareholders there are many companies falling short of winning on the asx we are getting closer to cashflow
 
watchlist Created with Sketch. Add EXT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.