No need to raise capital as per the conference call. You have to look at adjusted cashflow as $3.9m were one offs due to the acquisition of the business. Current EBITDA is only -$140k a year. They are on the cusp of making a profit. Last quarterly talked about cash burn less than $100k and close to being profitable..
They have invested some cash on hardware, but that will show in cashflow not EBIT.
Ann: Annual Report, page-3
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Last
32.0¢ |
Change
-0.015(4.48%) |
Mkt cap ! $21.89M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.5¢ | 32.0¢ | $19.70K | 60.24K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35106 | 32.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 10000 | 1 |
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| Last trade - 11.34am 29/11/2024 (20 minute delay) ? |
| IME (ASX) Chart |
