RE:RE:$10 mil cash left, Breakeven EPS/FCF, 2% organic or nilTropic wrote " B2B can't even post the companies correct cash position."
Part of being successful in the market, is trying to predict the future. Some underwater idoit bag holders like Tropic, can't do that. Going forward, the current cash balance is important, from an aquisition target guidance and possible increased equiity or debt concerns in a "rising" interest rate enviroment.
The Q balance of cash was $17.4 mil - subtract 7 mil for aquisition in April, there remains approx $10 mil in cash. The company has no FCF.
Of course the analyist did not ask about this.....soft ball questions only in hopes of winning business? IMO.
GLTA