Cashflow wise, they spent $16.6m buying PPE, so net cashflow is -$7.78M. Given that they have $11.5M cash, they can grow the BOO model for another 6-9 months. After which, they will either need to raise cash, or grow at a slower rate. Right?
ZEN Price at posting:
97.5¢ Sentiment: Buy Disclosure: Not Held