With no acquisition as Mel pointed out, i reckon next quarter will be around 350k out of pocket (This quarter would have included some admin for listing and costs associated with opening up Melb office) and very close to breakeven by April quarterly. (could come down to how much they ramp up production).
By July I reckon we may be operational cash flow positive. That is my call until I see announcement come out from them that would lead me to think otherwise.
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"Spectur expects further growth in sales and recurring revenue over the coming months with the December quarter a seasonally strong period for the Company due to site security preparations prior to the Christmas holiday period. The Company will continue to accelerate camera sales and rentals and is encouraged by the demand for its solar security surveillance products. Simultaneously, Spectur is continuing to expand its Australian presence and expects to diversify into additional states over the coming months following the successful establishment of its Melbourne facility during the quarter. The opening of facilities in Sydney and Queensland are a high priority and an expansion of the Company’s sales force is planned to cater for this growth. The Company also expects to secure additional commercial contracts and to continue to diversify its product base going forward. Production capacity should also continue to expand with an anticipated doubling of its HD4 production capacity at its Perth facility.
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With no acquisition as Mel pointed out, i reckon next quarter...
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