Will be about $2.5M without investing activities (ie. Kaddy acquisition) vs $6M revenue for Q2 FY22 = 0.42 ratio.
The 0.42 ratio will reduce to about 0.3 Q3 FY22, then 0.2 Q4 FY22 & 0.1 Q1 FY23 followed by break even Q2 FY23.
Was $868k cash burn vs $400k revenue = 2.17 Q1 FY21.
Was $1,372,125 cash burn vs $712k revenue = 1.93 Q2 FY21.
Was $1,590,733 cash burn vs $768k revenue = 2.07 Q3 FY21.
Was $1,561,390 cash burn vs $1.02M revenue = 1.53 Q4 FY21.
Was $2,303,173 cash burn vs $3.04M revenue = 0.76 Q1 FY22.
Will be about 0.42 Q2 FY22. The trend is a lower ratio every quarter until break even.
Then global expansion commences.
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