QFX 0.00% 0.1¢ quickflix limited

quarterly update, page-26

  1. MJS
    2,280 Posts.
    lightbulb Created with Sketch. 26
    Hi shakes. It hasn't moved away from subscribers to cash flow. Cash flow has always been important to all investors.

    Some have pointed out that paying customer numbers are hard to interpret - the break down of different paying customer types.

    Profit and cash flow from audited accounts are harder to argue with given they comply with generally accepted accounting principles.

    Quarterly cash flows are very interesting however naturally don't have the balance sheet to 'test' them by plus are not a profit and loss.

    Given qfx has already commented on increasing customers and sales that is not the question. They didn't comment on 'stemming cash drain' or other equally important matters yet that is at least as jf not more important given their overall position.
 
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