SW1
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10.0% 0.9¢ swift networks group limited

Ann: Swift Quarterly Update and Appendix 4C, page-2

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  1. daz1982
    2,210 Posts.
    lightbulb Created with Sketch. 18
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    31/01/17
    12:06
    Post #: 22245605
    Revenue @ $3.9M +9.3% on previous qtr.

    Loss of $520k which is a ~8% improvement on previous qtr

    Cash on hand of $2.6M so all looks pretty healthy

    They really need to kick up a notch with revenue and should be break even this year - no more cap raises required.

    Expense lines look quite high they probably want to keep an eye on that.
    SW1 Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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