SP8 streamplay studio limited

who is Stockdownunder?, page-4

  1. 2,632 Posts.
    lightbulb Created with Sketch. 659
    I quote:
    "Management estimates that after all expenses, the net balance of its cash will be $3.1m. While it is unclear if this means the company is currently profitable, we believe it is an important step in that direction at least."

    That $8m was propped up by 76% of annual fees which won't repeat next quarter. There's been no indication sign-ups have ramped up either.....so if expenses remain constant what about that indicates sustainability to show they're headed in the right direction?
 
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