Unbiased financial chart thread!, page-309

The regular updated charts of quarterly cash flows are shown below.

The strategic plan to transition away from low margin cash income is obvious when recent movements in receipts are compared with those in expenses. The most striking feature is the fall in operating costs. Outflows of $5.88M projected for the current 2Q18 quarter have been included in that chart.




Although the slowdown in both receipts and expenses are obvious during this transition period, comparison of their ratio with historical data remains valid as an indicator of financial management and progress towards profitability. At 107% this ratio confirms the achievement of the first cash flow positive quarter.



Trend growth in this ratio averages 26% per quarter, so if this continues into the current 2Q18 a net cash positive position of around $2M would be achieved on the projected outflows of $5.88M. If so, this would go close to covering non-cash expenses to reach a break-even position.

We'll see.