- Revenue up 18% vs last quarter - Total cash burn down 2.3 million pounds. Only burned through 250,000 pounds in the quarter - pretty much operating in a cash flow positive position
I would've like consults to be stronger, but this will be a bit choppy with DOC going through changes to its service model.
All in all this company is trading at 25% of Revenue and will forward PE ratio is likely to be roughly 10. It's very cheap in my opinion
DOC Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
