RE: Oversold or what12 Mar 2025 19:15
Rooster. You are never cautious with ONC , I admire your dedication but…… while I do not want to do you a disservice, myself having had a terrible experience long term with this company (disgruntled ex holder or saviour make your own mind up) , there are a few points to add.
The £4m of revenue is approx, ONC past record on this expecting £3.5m
You do not mention the overheads of £5mill (approx so expect £5.5 ( £5m my recollection of past readings so DYOR but ITRO) plus cost of sales
Additional cost of new borrowing.
This is very far from breaking even especially when compared to the final accounts for the losses previously.
The visibility of revenue £1.6m . There is already over £1m of revenue from freenome (reference from your post I have not gone back to confirm)This indicates £600k of new sale so far from a very expensive sales team. ( surely questionable considering the size that has been announced in previous up beat announcements ( I would assume a large portion of the substantial overheads.
I feel your enthusiasm and when/if positive news is issued I will jump straight in