"Opportunity to increase Swift Networks revenue1 on FY16 by 42%"
While it looks good, they really lack details on the acquisition impact to EBITDA or profit? Will this accelerate their cash to positive cashflow? They look to have only enough cash to last them for another couple of quarters, and given they are raising only enough to cover the acquisitions, it leads me to think they are confident of turning positive cashflow sooner rather than later.
Hoping someone can enlighten me on if I'm missing something?
Ann: Swift to acquire Web2TV and Living Networks, Raises $2M, page-17
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