Last financial year (2019) revenue grew by 152% while costs grew by 68%. The gap between revenue and costs is narrowing. This result by its self is very promising.
However, customer receipts have not shown a similar growth as revenue. There lies the current problem.
Over time customer receipts should parallel revenue. In the short term however, payment periods have gotten longer which has delayed the increase in customer receipts and it is possible that SYT will need to obtain more funds.
If revenue growth can continue to outstrip growth in costs then there is light at the end of the tunnel, be it some 12 months from now.
Last financial year (2019) revenue grew by 152% while costs grew...
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