FZO 3.16% 49.0¢ family zone cyber safety limited

Ann: Quarterly Activities Update and Appendix 4C, page-3

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  1. 224 Posts.
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    Tax incentive revenue more like $3m I think, so customer revenue forecast more like $6m?
    Difficult to forecast the gross margin without understanding how the $6m is made up. If a large component is wholesale and phone sales then I’m not sure on the profitability yet. Phone sales might hurt cash flow with inventory requirements.
    I notice they removed any reference to a target date to achieve cash breakeven. They had previously said 12 month target.
 
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