Few important points from the presentation:
Rapid growth in sales from pre-revenue in 2014 to $1.0AUD in 2015 to $13.3M AUD in 2016 •
$2.0M AUD recurring revenue per month
Key Statistics ASX Code AJX Current Share Price $0.55 52 Week High $0.91 52 Week Low $0.47 Shares on Issue ~303m Market Capitalisation ~$167m Cash (31 December 2016) ~$11.4m
Cash Burn per month ~$550k
So cash burn is 550k and recurring revenue is $2.0 M AUD.
So are we cash positive already by the looks of above statement?????
Or these are figures moving forward?? Taking 4c in consideration as well it was on loss of $7.4 mil. so this 4c we get in April we should expect the loss to be around $3.9 mil?????
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3 | 516888 | 0.006 |
Price($) | Vol. | No. |
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