RE:RE:RE:Cash flow positive change to negativeYes indeed its EBITDA that is the key. Or operational cashflow.
When the audit is done and the financials are reported I do not believe anything will actually affect the cash position only the items on the balance sheet will change. The changes will be non cash items. For example a new account gets set up for doubtful accounts on the balance sheet and items are moved from AR to DA. Non cash operationally.
The flow on the statements is from the income statement (profit or loss) flows to the cashflow statement (from operations, from investing, from financing) and then is moved to the balance sheet. LIsa used the financing part of the CF statement before to stand behind her guidance on CF positive. RED flag to anyone investing in the company at that time.
Maybe it was mentioned here to clarify as well but many companies are not CF positive operationally for a long time. Lets say Amazon for example. But in AMZN's case the market belived the story and were willing to understand that and pay up for what the future would bring. Not so here. And no one should wonder why after what is presently taking place.