Ann: Nexcode cash receipts increase cash position, page-10

re: Ann: Nexcode cash receipts increase cash ... Spot on dead knick.
10m is their net cash position.
Not revenues, not receipts but the cash they have on hand in their bank accounts now.


Their investment into growing the company and setting up these contracts would not be insignificant, but also mainly one-offs.

The marginal cost of running these contracts after the initial phase will be greatly reduced, which mean revenues slip straight through to the bottom line.

Pretty awesome eh?