I'm just looking at the financials and it seems like it's quite undervalued compared to the profits we're seeing.
The accounts receivable blowout is concerning, but other than that, it's profits and growth with a so far successful business model. I guess there's a risk of needing another capital raise just for operating cashflow if they can't sort that out a bit better.
I'd like to contact someone at the company to see what the accounts receivable entails, this is the only half relevant contact I can find: Michael Pixley, Non-Executive Director
Is this guy too 'high up' to ask about it?
I'm assuming it's just payment plans for bigger ticket items but no harm in asking I guess. There's very little information to gauge when some of this might turn into actual cash money.
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- Is it just me or is this really cheap right now?
Is it just me or is this really cheap right now?
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