In the update, Rory said: Sound Concepts was c

In the update, Rory said:

Sound Concepts was cash flow positive just in the eleven months by $632K

They were net income positive by $533K

They paid off all their debt

Why did he mention being cash flow positive and not just say they are profitable by $533K?

It's because you can be profitable without being cash flow positive

You can also be cash flow positive without being profitable

To be both is a very good thing. A very good thing. You'd be surprised at some very large, well known companies are not.

Companies in that position can use the cash to expand the business, dividend payout, share buyback, debt reduction, etc.

Guess which one they will be doing?

If you guessed, expand the business, you are right. They have no debt to pay off.

Hardest and most time consuming part of a SaaS company is the initial overhead of getting the business off the ground. Once in motion, everything becomes incremental and your margins continue to grow.

545K users and adding 2K users a week

10 new customers on the joint platform already

8 existing customers expanding

pipeline getting big