RE:Decrease the risk of failure...Fabulous position for a company, being cashed up, giving flexibility for growing revs, share buyback, and expanding the existing verticals and new AI opportunities...... soon to see market cap expansion.......
wildbird1 wrote: While we wait...lets talk about a detail that new investors might have missed.
Cash Flow (cash & cash equivalent...cash in the bank).
Datametrex could have a minimum of $15 million in the bank at the end of Q2... (could easily have over $20 to $25 million at the end of 2021)
Why is it so important to have a big Cash Flow???
Cash Flow is the lifeblood of any organisation, regardless of its size, it is a sign of a healthy business and a vital ingredient for growth.
Positive Cash Flow means assets are increasing, workers are being paid, debt can be cleared, capital for grow is available and the business is equiped to wheather future financial challenges.
But the biggest advantage of having a big Cash Flow..it does decrease the risk of failure.