The question still remains, excluding the advance payment, what is cashflow looking like for this quarter and when do they hit cashflow positive territory for the business on an ongoing basis
40 ERBs is is by no means a small amount.....seems like a 20% increase on their existing installed base, but the total contract value of 1.2m does seem light given 5 years of ongoing service and maintenance along with subscription (cloud) costs for the 40 plus 32 existing installed ERBs
SP3 Price at posting:
1.7¢ Sentiment: None Disclosure: Held
