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2.78% 7.0¢ doctor care anywhere group plc

I was looking forward to this quarterly but it sorely...

  1. Lefevre
    9,786 Posts.
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    21/04/22
    15:35
    Post #: 60953383
    I was looking forward to this quarterly but it sorely disappointed.

    i can see why they had to cap raise. They will definitely have to do another raise in 6 months or so.

    Product costs are 80% of revenue. They will need to triple revenue to get anywhere near cashflow positive unless their is a dramatic decrease in expenses and increase in margin.

    Hopefully the next quarterly shows a reduction in cash burn.
    DOC Price at posting: 28.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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