So
This is our first profitable quarter ever
This is interesting since, as much as the sale of assets is frustrating we are also selling cashflow negative assets and that's a very important distinction to make.
If we keep cashflow negative assets we will stay unprofitable and run out of cash.
You can also see that the gray line chart has been on an upward trend since Q1FY22 meaning that their cost cutting campaign is effective.
Furthermore the revenue has stabilised and even increased instead of being all over the place.
I think we might actually be starting to go somewhere!
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
SoThis is our first profitable quarter everThis is interesting...
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