GRB 8.16% 5.3¢ gage roads brewing co limited

Qtr results, page-14

  1. 569 Posts.
    lightbulb Created with Sketch. 14
    Yep, $3m cash, $2m debt = $1m net positive cash position = debt free in my spreadsheet

    Any business needs working capital, if sales are growing the should be able to remain net debt free. Of course sales and marketing costs are well up, but that is expected at this stage in their business.
    Last edited by GrizzlyAu: 30/04/17
 
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Currently unlisted public company.

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