I am new to this stock but like a good, IT play with commercials going the North direct. The piece that gives me confidence from the report is $5.9m already in the bag and cash flow positive based on this year's costs. Any new business throughout the year is cream and EBIT positive.
"Following a very strong year of financial results in FY2018, Skyfii enters the FY2019 year with $5.9m in forward contracted revenues that will be recognized over the FY2019 year, including a recurring revenue run rate of over $1m per quarter."
SKF Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
