WRR
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0.00% 16.0¢ world reach limited

Ann: Appendix 4C December Quarter 2014, page-39

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  1. james_peach
    87 Posts.
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    05/02/15
    15:48
    Post #: 14704579
    Hi Imran,

    I completed a quick exercise on this stock un-audited.

    Including FY2011 until Q1 Fy2015 the company has generated revenues of $48, $3M operating cash flow, and -$1M in free cash flow. Debt has reduce by $1M and cash increased by $0.5M, the balance of this sum has been made up from recent capital raisings.

    The company has had three quarters in this period which have produced meaningful FCF i.e. above $700K. Subsequently followed by poor quarters and R&D spend.

    I am not convinced that the company has the scale nor the product demand to produce consistent profit.

    I appreciate that they are coming to the end of a product update cycle.

    What is going to lead to sustained profit from here?
    WRR Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

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