Running at Ebitda positive for 7 consecutive months on lower revenues and higher margins. Market cap is currently $21m.AUD. ( $16m USD ) New CFO is on board. New board members not too far away. This is the lowest part of the sales cycle. Next up is Amazon orders for Prime day and cash from accounts receivables to flow in. Downlights pre sales stage 1 in USA have closed fully sold out. There is high demand for Lifx products. I am still optimistic they can get to profitability in the next 12-18 months.
BUD Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
