No, you are thinking one sided.
You are looking at a loss of 4.2m in isolation. The loss from the previous year was 7.8m.
That is almost a 50% reduction in net loss whilst customer receipts and customers are experiencing near exponential growth.
Sooner or later the revenue curve kicks the deficit out of the window.
You are looking at a company on the cusp of an amazing journey and it is reporting that in the most fiscally responsible and conservative way afforded it to it. This is the polar opposite of sugar coating reality, it is making what is an exciting coming of age in their operation look a bit blase![]()
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News: BIG Big Un says FY revenue from ordinary activities $14 million, page-173
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