The company also has a very large cash flow from existing customers PLUS
Those cash receipts keep getting BIGGER all the time!!!
The loss is deliberately engineered to fund product development and expansion of sales.
The $45m cash raise is intended to further the growth of the company at a faster rate.
All the above is IMO and not financial advice. Please DYOR and make your own decisions based on that taking into account your own specific financial situation.
WSP Price at posting:
$3.26 Sentiment: Buy Disclosure: Held