Probably also pays to look at the trade receivables vs payables vs prior period.
large payables over $6.1m have led to negative assets.
+ the triple revenue growth only resulted in a $700k loss improvement
net liabilities climbed circa $1.3m vs cash increase of circa $700k
Will need a few more quarters to prove they are making the revenue at profit.
Revenue is vanity/ profit is sanity as they say.
still risky.
Probably also pays to look at the trade receivables vs payables...
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