Not sure what the market was expecting, but that is a great quarterly imo.
- Increased cash receipts from $21.25 to $36.4 mil - Positive operating cash flow - $1,922 per quarter up from negative $4,244 in previous quarter
If you annualise these figures - Cash receipts of $146 million - Positive operating cash flow around $8 million
They have mentioned they expect results to be weighted to the 2nd half - I look forward to those results. Additionally, the CIA results only counted for 1 month within this quarter.
I purchased more on these results.
AZG Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held