Has the company promised to be 'cash flow positive' at anytime? Have only heard 'positive underlying ebitda', which is quite a different thing to positive cashflow..
Agree that few companies could do few things really well..I do think the video analytics acquisition was not well thought of in that there is only a small amount of cross-selling compared to the larger market out there, but there hasn't been the roll-out across globally to extend the offering beyond North America. It's good that current management is trying to leverage off it now by integrating video analytics with the wearable device.
I do take your point that the instos onboard may not be a good thing, but hey, why would instos plonk in $25M overnight without wanting to make money off it? The previous run up to $4+ was probably driven by FOMO and thinking that the market expansion can happen easily without much effort.
CAT
Price at posting:
$1.18 Sentiment: Buy Disclosure: Held
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