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Need to read cashflow statements a little better. The business...

  1. Calvo
    10,941 Posts.
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    01/05/23
    15:54
    Post #: 67547446
    Need to read cashflow statements a little better.
    The business was cashflow positive by $18m on $395m revene
    It fell into cashflow negative after product development at $35m
    Working capital at $20m at 2nd half is all thats required for now.
    Company needs $440-445m revenue per annum to break even on product development costs
    If there is no product development costs the company is cashflow positive.
    Revenue - cost to suppliers and employees is cashflow positive.
    Last edited by Calvo: 01/05/23
    APX Price at posting: $2.99 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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