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Trouble is, nobody will pay anywhere near that 25p, why would they with a so where it is?
Starting to look like a for sale sign to me? Still hilarious he keeps banging on about how many employees there are. Still way too many imo.
agree.....the tweets are a bit unusual. sound like an advert . Let's hope suitors bite!
More converts to the cause.
should have been sold when we were much higher and I was asking....GET US SOLD!!
More converts to
Hopefully the latter one. 8-10x revenue we're told..Get it done then chaps! That about 25p a share at new forecast figures of £22M.. Yes please!
Not sure who the company are trying to attract with their recent tweets, investors, customers or potential buyers of the company?
But they always report different forecasts. Lol
Because these are the only 'credible' ones we have and they are implicitly approved by the Company. If they are incorrect that is another black mark against the Board.
this won't be sold anytime soon! Gravy train has too much to give yet. They can/will chug along for years picking up their six figure salaries. Why would anyone use broker forecasts? They are always woefully incorrect. Even if they had an offer on the table they likely wouldn't tell shareholders..
Are you ignoring all the US contracts that will flood in - currently at different stages - and of course our Ranger Revolution.
Or are you taking our ability to talk of excitement and yet constantly disappoint to heart.
Ignoring the facts that the Board don't respond when challenged by questions they don't like and they conceal important information (core business lower than expected at the beginning of last year, megalab signed up, 12 new customers signed up etc.), my assessment of the financial situation is as follows, using Yourgene's own broker forecasts:
1. We will continue to make operating losses until at least 2025, £4.1m in 2023 and £2.9m in 2024
2. There will be no need for further funding unless there is an acquisition. There is no cash available for a medium to large acquisition without additional funding. Capex of c.£2.5m per annum is possible
3. This leaves profitability some way off and therefore leaves us at best vulnerable to a takeover or at worst just treading water for several years.
Just get us sold now FFS.
My profit and loss account is reproduced below for transparency:
PROFIT AND LOSS ACCOUNT 2021 2022 2023 2024
Revenue 18.3 37.6 22.0 26.0
EBITDA (2.0) 3.4 1.3 2.5
Depreciation (3.2) (4.6) (5.0) (5.0)
Impairment (4.8) (1.0) 0.0 0.0
Share based payments (1.0) (0.3) (0.4) (0.4)
Exceptional costs (0.7) 0.0 0.0 0.0
Operating loss (11.7) (2.5) (4.1) (2.9)
Financing (0.3) (0.7) (0.6) (0.4)
Loss before tax (12.0) (3.2) (4.7) (3.3)