SP1 0.00% $1.07 southern cross payments ltd

Ann: RECORD PERFORMANCE - 500% INCREASE IN REVENUE FOR Q4, page-32

  1. 4,390 Posts.
    lightbulb Created with Sketch. 1359
    Yeah, well said.

    Revenue is nice and all, but based on 2014 financials (available in October 2014 annual report) - expenses are still quite heavy.

    The company needs about $2 mill a year to break even. Things are going in the right direction, but cash is king as always. The announcement was solid, but very hard to determine the NET PROFIT / LOSS position.

    Market cap is low, so potentially a great entry point, but we simply don't know enough. Cash flow will determine.

    All the best.
 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.