Comment by
grenoullle on Jun 30, 2023 11:36am
You are assuming that they get paid for the their product. Let's see growth and steady AR first.
Comment by
grenoullle on Jun 30, 2023 11:38am
You also have no idea if the license revenue was a one shot deal or is it recurring? If so, at what reate? No guarrantees without commentary from the execs.
Comment by
Lingcod on Jun 30, 2023 1:50pm
Taat will never say or tell you about licencing agreement, per usual. grenoullle - (6/30/2023 1:07:35 PM) RE:RE:RE:RE:RE:License Income $999,733.00 Learn the way business works, this is AR based lending or factoring. The bank keeps it revolving as long as ADCO gets paid on their very low margin business. That is why the turnover is so high.