AHF already made a loss of $1.16M in 1Q25
So, to be '$1M shy of profitable' by the next FY report they would essentially need to have already become cash flow positive in this quarter and stay that way.
Out of curiosity, how does your base model say that they have achieved this? I am sure many others would be interested to know as well.
It must have been difficult without their new product even launched yet and no sales from it expected until next financial year.
I guess they said they would find cost savings by cutting on marketing which is an interesting move coming into a new product launch.
Anyway please keep talking about the fundamentals ! I think it is good for people to hear the numbers instead of spin because they are easier to evaluate. The reality is that this has been pumped up on promises of quick, drastic improvements in the fundamentals.
Yet the only evidence being put forward to support this is the dutiful posting and reposting of management's biographies from five years ago (with everything since then scrubbed and redacted). With what they must have spent spruiking themselves, I just hope there is a little bit left over for marketing AHF's products.
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AHF already made a loss of $1.16M in 1Q25So, to be '$1M shy of...
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