FRX 14.3% 0.8¢ flexiroam limited

Quarterly is Out! (HC have missed it!!)

  1. 627 Posts.
    lightbulb Created with Sketch. 146
    And, it appears to be in error (again!)

    So, in the words of range Pauline HC, FRX "Please explain"!

    Quarters receipts 862k  up 845%
    Advertising and marketing 987k up 384%
    Research and development 279k up 293%

    Cash burn increases by 475k to 882k

    $5.8m still in the bank

    I guess if FRX actually traded, someone might have noticed a 4C had been released.

    Perhaps everyone was too busy watching NOR...

    The figures above are derived from their current 4C and by comparing their previous quarters 4c

    If you take their annual report you will have their annual revenue at almost $6m. Reading the quarterlies it is a shade under $5m.

    Someone may need to run the numbers to check..

    Increase in expenses is inline with my expectations with the launch of Flexiroam X.

    Anyone else have any comments, questions, input?
 
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