Sorry, curiouswon, for not responding to your question earlier. The cash balance is going down due to capital expenditure, even while NEA is now making cash at the operating level. This is not something I look at as part of my profit and operating cash flow analysis. But IMO, it is a good thing that NEA is investing in its business on behalf of us shareholders. This capital investment was enabled by the capital raising around 18 months ago, and should be continued and even increased as cash flow now steadily increases.
NEA Price at posting:
$1.55 Sentiment: Buy Disclosure: Held
