Ann: Appendix 4C - quarterly, page-5

I was personally hoping for less cash burn.. but being realistic, they have gone from 1.2mil negative ops cash flow to 800k in the least busiest time of the year. 24% quarter on quarter is very good. Also good to read:
"The company also signed a new contract with a global professional services firm

to supply managed connectivity and security services. This multi-year contract represents a strong
opportunity for Tesserent and is in-line with our strategy to grow combined connectivity and security​

solution business."


My sentiment at this stage is still hold. Hoping they can grow receipts by ~30% for next quarter and bring down cash burn to say 200k.