Great to know they'll be EBITDA positive, but seems unlikely to can get to cashflow positive before the cash runs out.
I had referred to them in my recent article on business models and valuations (link here).
I wonder why they didn't raise just a bit more. Likely because dilution would have been too much and they wanted the EBITDA milestone to chance a higher valuation by that point.
The growth still very much checks in. Will be interesting to see what happens in next 2 quarters, one to watch.
Great to know they'll be EBITDA positive, but seems unlikely to...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $52.81M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $1.319M | 10.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 21328042 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 4065195 | 19 |
View Market Depth
| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| MPA (ASX) Chart |