(Total Views: 318)
Posted On: 05/03/2023 2:22:21 PM
Post# of 1359
This is HUGE news!!! Never before has it been as outspoken and clarified - the way and timeline to reach profitability. In extension, this has the potential to be a game-changer. With a clear path to reach profitability, the selloff of shares will be reduced.
Reinharz expects that the actions, combined with those previously announced, along with RAD's strong sales funnel will result in monthly profitability within the next 8 to 14 months.
While the Company has prepared forecasts aiming for positive cash flow by December 31, 2023, there are no assurances whatsoever that this target will be achieved. The Company has also stated that any necessary expansion of production and deployment teams will remain within budget.
Read More: https://investorshangout.com/post/view?id=657...z80fm3DMfu
Reinharz expects that the actions, combined with those previously announced, along with RAD's strong sales funnel will result in monthly profitability within the next 8 to 14 months.
While the Company has prepared forecasts aiming for positive cash flow by December 31, 2023, there are no assurances whatsoever that this target will be achieved. The Company has also stated that any necessary expansion of production and deployment teams will remain within budget.
Read More: https://investorshangout.com/post/view?id=657...z80fm3DMfu
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Robert
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