Hi Bruutz. Not sure where you switch from Cashflow to Profit, but I think the Sales and EBITDA Forecasts prepared by PAC Partners give a good picture of how Profitability will return in FY19.
The full PAC Partners report 04/12/2017 is in the Analyst Coverage section under the Investors tab on the LBT Innovations website. PAC have stated in their assumptions a halving of LBT's sales forecasts in the "early years"; FY18 & FY19 would be my guess.
Page 9 of the Report tells us a major portion of near future cashflow is being consumed by R&D. Nothing new with that. It appears to me that we will be Cash Poor, but Profitable. Nothing wrong that, imho:
LBT
Price at posting:
14.5¢ Sentiment: Hold Disclosure: Held
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