DEM 10.0% 11.0¢ de.mem limited

Ann: Quarterly Activities Report & Appendix 4C, page-5

  1. 660 Posts.
    lightbulb Created with Sketch. 19
    Pretty decent quarterly.

    The company remains on track and if it wasn't for COVID-19 we would have more certainty around being cashflow + this year. At 3.3mil this quarter they are on track for annual revenue of approx 16-17 mil. This can change and it could be significantly higher as economies around the world are already starting to reopen.

    Another positive is that we are well funded and still have 7.3mil in the bank so if there are any further growth opportunities we can still proceed to expand even during these uncertain times.
 
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