STTCOMP GTI FA LONG
GRATIFII LIMITED
Market cap 16M
Quarterly report on January will be good and good possibility to see cash flow positive.
On December directors bought shares on market 3x times.
On Q1 2023:
3 new enterprise rewards clients signed
2 new enterprise SaaS clients signed
From announcement 27th of October:
"... Gratifii delivers sixth consecutive quarter of growth in cash. ... 1Q FY23 delivered an operating cash outflow of $601k largely due to inventory rebuild ahead of strong demand for the upcoming holiday period, as flagged in the July 2022 Quarterly Update and seen in the graph below showing the Company’s historical inventory balance seasonal fluctuations. The graph shows the build-up of stock ahead of the busy holiday period and the anticipated additional sales from the additional 1.1 million members signed during the quarter. Given 2Q is typically a seasonally strong quarter, we expect operating cash flow for 2Q FY23 to be positive (given underlying business growth and the Company’s cash receipts grew 76% for 2Q FY22 vs the prior quarter) and significantly higher than the average of previous quarters as the Company sells the accumulated inventory."
