Comment by
besttobe on Aug 13, 2022 6:25am
According to this interview. it sounds like they already dipped into their line of credit...which means....
Comment by
Carlito3311 on Aug 13, 2022 9:43am
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Comment by
besttobe on Aug 13, 2022 3:04pm
Correct..but also there appears to be negative operating free cash flow, as they did have enough cash to buy the aquisitions. The overflow into the credit line suggests they had negative operating free cash flow. The question is...how far did they have to tap into the existing LOC and how big of a loss will they show?