At the close of the 2015 financial year, Urbanise had no debt on its balance sheet; a cash balance of $12.2 million; and total assets of $52.2 million.As a start up business operating off a small base, you would expect us to experience lumpy revenue.Over the years ahead we look forward to demonstrating the beginnings of a more consistent trend.It is worth noting that one of the focus areas for management in the 2016 financial year will be cashflow management.
UBN Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held
