The last quarter was cash negative 237k. But if you break the months down against the announcements the final month had more contracts go live. Revenue pucked up sharply in the last month. Especially in the last week. The final month would have been operationally cash positive otherwise they couldn't have had such a dramatic reduction in cash burn for the quarter. I left a breakdown in the quarterly thread.
So every month is cash flow positive from 23rd march onwards. This whole quarter is positive. Probs get to around 500k-800k positive in next report using current conservative guidance. If they repeat the previous few quarters growth by % then cash flow will be over a mil.
New guidance out in the next 3 weeks.
ISX Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
