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0.00% 3.8¢ knosys limited

Ann: Knosys announces new $320,000 contract with SBS Bank, page-8

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  1. ZMan
    1,816 Posts.
    lightbulb Created with Sketch. 86
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    29/01/18
    11:12
    Post #: 30625135
    Still nowhere near enough income to pay for their operating expenses.

    Last quarterly report had cash outflow of $316,000 for the quarter. It also estimated an increased cash outflow of $945,000 for the following quarter.

    They will need a few of these deals in the next year to avoid a capital raising.
    KNO Price at posting: 9.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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