If you want to get to true cash flow positive in 2018 you will need a new enterprise deal every quarter.
Put simply, you need a lot more than 28% quarter in quarter to be cash flow positive considering we are now one quarter in on 2018 and Scout is already behind on their end goal if they want to reach cash flow positive by end of 2018.
And I guarantee you Scout will need at least one more cap raise of $5m and potentially a second one before they hit cash flow positive considering their cash on hand is pretty low. So you cannot say one is not on the horizon considering their current cash position in comparison to their burn rate.
Like I have said Scout is on my radar as I have interest in them, however, don't just believe the announcement headlines as their numbers are not adding up to the hype when you look deeper.
SCT
Price at posting:
18.5¢ Sentiment: Sell Disclosure: Not Held
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