Looking at getting into this business, however do question the timeline for reaching meaningful profitability.
- $82 million market cap
- $6.5 million net assets
- $10 million annual loss
Lot of growing required to justify the current share price valuation!
Haven't been able to find any forward looking estimates, appreciate if someone could share if aware of any?
I have a general interest in alternative/disruptive energy storage tech, so hoping the numbers stack up for an RFX buy.
Ann: Redflow FY2021 Appendix 4E and Financial Report, page-11
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