Solid result. Good preso from Karen Negus outlining the strategy...

Solid result. Good preso from Karen Negus outlining the strategy going forward. Increase in revenue, year on year is impressive.

Will be tight regarding cash flow positive next quarter, based on the projected outflows of 2.2 million.

Revenue of 1.75 million this quarter. We would need a 25% increase in revenue next quarter to be close to breaking even, based on estimated outflows for next quarter.

It is possible Tesserent have been a little generous / conservative with respect to estimated costs. Nothing wrong with overestimating the costs. So a 20-25% increase in revenue next quarter may tip us into operationally cash flow positive territory.

Yes, interested to see if any of the Tesserent execs top up with the SP still being fairly depressed.