Had a very quick look...
The previous quarter operating cash flow loss was $800k and the quarter before that the loss was $600k
This quarter it was a $500k profit but if you remove the grant/R&D refund (to get a more normalised figure) then the loss was only $200k!
For me this is significant and very important.
Westcoast on its own continues to perform extremely well with solid revenue growth and what appears to be a more sustainable operating model and client base. It is subsidising the remainder of the SUDA business with the payment of staff costs for the business development and lab team.
A very promising update IMO
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Had a very quick look... The previous quarter operating cash...
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