Just found a little difficult to understand their cash flow. The...

  1. 403 Posts.
    Just found a little difficult to understand their cash flow. The market share for Dec is 2.6%, but only generated 9K USD revenue, meanwhile they were burning more then 526K USD cash in a month. To breakeven, they have to achieve sales of around 530K USD, which is more than 50 times of what they earned in Dec, which in turn means the market share has to be 50 times of 2.6%. Is it reasonable? Which part of my understanding is wrong?

    But their cash flow position is quite healthy though, their current cash flow can allow them to survive for at least 32 months.
    Last edited by stephcn: 01/02/16
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.