So, Dubber has a pattern of this. Yesterdays presentation posting stated that they will be out with their quarterly soon... but here's a preso. No doubt it was to go into a raise (as they did today).
here's what I posted at their FY20 results:
"Am I missing something? Revenue up to $11.8M. But receipts from customers only $5.5M in cash flow (possibly includes GST).Wages increased 71% (not including share based payments).Losses up 81% to 18M!!! receipts from customers $5.5. Payments to suppliers and employees of $20M.How can a company collect less than 50% of revenue, have an operational cash loss of $12m. Raise $10m. Finish the year losing $18m and call it self on strategy???This company cant make any money for the next 2+years.I'm out"
My guess is that they have a sever collections issue and are posting what may be unearned revenue and therefore not collectable.
It may take a little longer for people to work it out... but they will
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Change
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Mkt cap ! $41.90M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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14 | 3580116 | 2.0¢ |
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Price($) | Vol. | No. |
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2.1¢ | 1000000 | 2 |
View Market Depth
No. | Vol. | Price($) |
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14 | 3580116 | 0.020 |
3 | 1552680 | 0.019 |
8 | 1541758 | 0.018 |
8 | 2178940 | 0.017 |
24 | 5866292 | 0.016 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 1000000 | 2 |
0.022 | 1426793 | 4 |
0.023 | 251500 | 3 |
0.024 | 1800 | 1 |
0.025 | 400000 | 2 |
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