E88 0.00% 0.0¢ ensogo limited

Patience required, page-47

  1. 374 Posts.



    Are IBY cash flow positive or negative? negative
    Do they owe more than they are owed? yes
    Are any operating divisions profitable yet? not according to last half yearly

    Tech firms burn through shareholders funds until they make a profit (if they make a profit)
    Amazon wrote down the american living social division significantly - groupon also continues to make a loss

    Can IBY turn things around within 6-12 months? maybe.... but probably not without the need for more capital or equity

    Debt will be too expensive so they will go to the market

    Feel free to correct me
 
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