bullish - now i am 100% sure, page-3

Business Cash flow improved significantly, see some points

1. Revenue from ordinary activities increased 46% from $13.6 million to $19.9 million.

2. Gross Profit increased 76% from $5.4 million to $9.5 million

3. The loss from continuing operations before depreciation, amortization, finance costs
4. and tax (EBITDA) decreased by 86% from a loss of $6.9 million to a loss of $1 million.


With the above figures, they will be in positive territory and in profit of about 4 million in the next financial year.
It can only go up from here if they keep the current business intact, hopefully they will because most of tehm are long term contract and get more business and with Lazard in place , they must be in discussion and dealing in some big projects or take over etc otherwise they would not get Lazard, Lazard normally charge a lots of money to client.
IMHO NWT has a bright future.