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Definition of Sales, page-58

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pko65197

981 Posts.

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28/02/19

08:39

Post #: 37596480
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Originally posted by retiredyoung: ↑

I expect Lifx to be cash flow positive in the March qtr. Lifx had Accounts Receivable of $9.4m at the end of December, that could drop by approximately $5m by the end of March. My guess is that the December qtr would be a negative cash flow quarter for Lifx, because of increased production for Christmas sales, but a significant amount of the cash from the sales would not be received in the December quarter.

I think the Buddy Platform business will still be burning through at least $2.5m in the March quarter. After that hopefully they will reduce spending until they win a major contract.

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Surely down the track, LIFX and ohm salespeople will combine and weed out the none performers, thus reducing overheads.

BUD Price at posting: 7.3¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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