I believe these are fair assessments, and based on current trends, we appear to be on track to reach $3.5M–$3.6M in revenue this quarter. This would be achieved entirely through organic growth, without the benefit of any one-off payments.
To provide context, last quarter included a one-off payment estimated between $800K–$900K. If we can match or exceed those figures this quarter without any such payments, it would demonstrate strong underlying growth.
For example, last quarter’s cash receipts from customers increased by 86% to $3.57M—another record result. This represented a 160% increase compared to the prior comparable period (PCP) and an 86% increase quarter-on-quarter (QoQ).
While this level of performance may not immediately trigger a market reaction, it clearly shows we’re moving in the right direction. If this trend continues, we could see positive cash flow (CF+) as early as the next quarter, which may prompt a stronger market response.
In my view, if we do achieve $3.5M+ this quarter, it presents a compelling buying opportunity for those confident in the trajectory of the business.
SPX Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)