They have cut expenses by a lot while sales over the same period (as SEK) are still solid (3 months ending June was their 2nd best quarter ever and this was during thick of COVID). Also, they have diversified clients, not just in Australia. Achievement of Breakeven is going to be massive because reading through the past announcements, cash burn was the main issue.
XF1 Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held
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