illumin Holdings Inc T.ILLM

cash is only savior for AT, otherwise, it would be a penny

[mingzhu]

stock. But even cash cannot be future savior in high inflation, say 5%. It lost 4.5m in Q1, will spend 13m to buy back. Here is the calculation: current  99m-5m inflation, 4.5m loss and 13m bayback=76.5m. If it keep losing in Q2, it will be less than that number. I expect it will be loss in Q2.

[campst]

Dumb post...

[mingzhu]

Indeed it is if you read it literraly. 

[Capharnaum]

On purely cash basis, they didn't lose cash balance of 4.5M in Q1. On a cash basis, they were about neutral (they had $4.4M of non-cash expenses). Their working capital also decreased, so in total they got a bit over $1.7M extra cash from operations in the quarter. They spent $1.2M in capex and $0.9M in repaid loans and leases. In total, for the quarter, their cash balance decreased by $340k.