The positive is that did not reduce the recurring revenue number (and/or any other number).
What is less assuring is that recurring revenues (excl 3CT and NZ) fell in 4Q23 compared to 3Q23 so you have to wonder why that would be the case (someone did not renew a contract?)
At the end of the day, this is all tinkering around the edges........this business has a gross margin of ~60% and for the last 12 mths 6m in other costs, so the breakeven in sales is ~10m.....can they get there before the cash runs out?
The positive is that did not reduce the recurring revenue number...
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Last
1.9¢ |
Change
0.002(11.8%) |
Mkt cap ! $5.082M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $4.962K | 261.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 590000 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1141611 | 2 |
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| Last trade - 15.45pm 28/06/2024 (20 minute delay) ? |
| SP3 (ASX) Chart |