ICR 15.0% 1.7¢ intelicare holdings limited

Ann: Quarterly Operations Update, page-2

  1. 719 Posts.
    lightbulb Created with Sketch. 27
    "Sales in this quarter remained softer when compared to the September and December quarters,
    however the company has maintained its focus on controlling cash burn and further reduction in
    expenses"

    A bit worrying sales are down, but at least they're trying to limit costs where they can.
    My rough calculation shows they have four quarters of cash left at the current burn rate.
 
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