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21-01-2022, 12:44 PM
#811
Member
Originally Posted by sb9
Agree, they should now start to provide guidance for full year revenue.
100% agree.
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22-01-2022, 10:10 AM
#812
Member
This is far better than the previous announcement, and with IKE's knack of extending contracts, could be the start of some real revenue momentum.
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01-02-2022, 09:23 AM
#813
Total cash and receivables 31 December 2021 of approximately $29m, with no debt
Total cash and receivables 30 September 2021 of approximately $32m, with no debt
So still burning cash $1mil a month..
However extremely positive revenue and new contracts growth.
Will continue to hold,as I think they are in the right sector at the right time.
With the increasing revenue at a margin of over 60% the bottom line profit should come.
Just taking longer than I thought.
Last edited by percy; 01-02-2022 at 09:30 AM.
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01-02-2022, 09:54 AM
#814
Originally Posted by percy
Total cash and receivables 31 December 2021 of approximately $29m, with no debt
Total cash and receivables 30 September 2021 of approximately $32m, with no debt
So still burning cash $1mil a month..
However extremely positive revenue and new contracts growth.
Will continue to hold,as I think they are in the right sector at the right time.
With the increasing revenue at a margin of over 60% the bottom line profit should come.
Just taking longer than I thought.
Some solid numbers in that Q3 performance report.
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01-02-2022, 06:19 PM
#815
A very very good result and the the share closes up only 1 cent. Which is In my opinion crazy. Unfortunately I have reached my investment limit with this stock so I can not buy any more.
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01-02-2022, 06:42 PM
#816
Originally Posted by percy
Total cash and receivables 31 December 2021 of approximately $29m, with no debt
Total cash and receivables 30 September 2021 of approximately $32m, with no debt
So still burning cash $1mil a month..
However extremely positive revenue and new contracts growth.
Will continue to hold,as I think they are in the right sector at the right time.
With the increasing revenue at a margin of over 60% the bottom line profit should come.
Just taking longer than I thought.
Burning cash until 2025?
https://www.marketscreener.com/quote...97/financials/
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21-02-2022, 08:41 AM
#817
“Our balance sheet remains very strong with cash and receivables of ~$30m at the end of January, up from ~$29m the month prior. This balance consists of ~$26m cash and ~$4m receivables. Market tailwinds provide us with confidence around the potential for continued strong growth.”
Pleasing to see the $1 mil improvement in cash and receivables.And in just one month.
Lets hope it is a start of a new trend.
Last edited by percy; 21-02-2022 at 08:48 AM.
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21-02-2022, 09:06 AM
#818
Originally Posted by percy
“Our balance sheet remains very strong with cash and receivables of ~$30m at the end of January, up from ~$29m the month prior. This balance consists of ~$26m cash and ~$4m receivables. Market tailwinds provide us with confidence around the potential for continued strong growth.”
Pleasing to see the $1 mil improvement in cash and receivables.And in just one month.
Lets hope it is a start of a new trend.
Yes nice to see another contract extension with existing customer and improving cash reserves.
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21-02-2022, 10:42 AM
#819
Excellent small cap. Tempting to add but I will watch and wait given market volatility right now.
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21-02-2022, 07:04 PM
#820
Originally Posted by sb9
Yes nice to see another contract extension with existing customer and improving cash reserves.
Very positive their clients are "sticky",extending, and adding further services from IKE .
We have gone from a $1mil cash burn a month to a $1 mil increase in cash and receivables.
This is actually a $2mil turn around.
If IKE can continue the trend, we will be in the land of milk and honey.
Hang on we already live in the land of milk and honey...lol
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