AT1 atomo diagnostics limited

Still casflow negative to $1m if you take out the R&D grant....

  1. 814 Posts.
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    Still casflow negative to $1m if you take out the R&D grant. They really distort to look positively the numbers with selective reporting.
    Comparing 1H23 minus Covid. Suited them to crow on about sales of covid RAT's then but now where comparing revenues to 1H24.
    Also in the amount of quarters they claim 26 quarters (6.5m /0.249k) of funding when it is acutally 6.5 ($6.5/1m) when R&D grant of $761k is added in. Govt R&D is not revenue from product sales.
    Its a shifty company in its reporting which reflects on managements trying to appear things are going swimmingly well. Must be a dumb board who never look at the numbers forensicaly.
 
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