Profit should be measured at the NPAT level. All companies would be profitable if they exclude enough cost categories
They are effectively reporting a cash result - very hard to reconcile how they can lose $4m in the first quarter - project to reduce the cash burn for the second quarter by 55% - ie total burn in the first half of between $5m to $6m burn - and expect to make a cash profit by year end
Are you really going to hold and hope that this projection is reliable?
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