STTCOMP CYQ FA LONG
Cycliq Group Limited
Market cap 2.4M
Quarterly report on January will be good and good possibility to see cash flow positive.
From announcement 8th of December:
"The Company was pleased by an increase in Gross Profit percentage in the two months of October and November, from 53% in 2021 to 58% in 2022, on revenues of $1,795,000 (2021: $2,171,000). Promisingly, Cycliq experienced an especially strong revenue month in October 2022 (Gross Revenue of $499,000), following the September launch of the Fly12 Sport, with Cycliq returning a 110% increase in receipts from customers in Q1 FY23 ($898,000) compared to Q1 FY22 ($424,000)."
