Ann: Update -iCar Asia more than doubles its current cash balance, page-4

  1. 2,122 Posts.
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    Hey Cristophe,

    Small correction. The company aims to be EBITDA positive by Q4, not cashflow positive. Due to the timing between sales and receipt of the cash, CFP might not be until mid 2020.

    Great result though. The next 12 - 24 months should be very exciting. Huge operating leverage - the bulk of increased revenue from this point will fall straight to the bottom line.

    Musky
 
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