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#Q4 2022 Report
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Dubber Announced Q4 FY2022 Report.
So basically, it burns roughly $12m every Q. Based on $84m current cash, it can survive 7 Qs.
Based on its current number it doesn't look like it will be cash flow positive before FY24.
I would question the business model - is it sustainable?
#dilution
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Share count increase
#Bear Case
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I have been following Dubber for last 4 years and I have no evidence so far to suggest that this is good quality business or management.
What MD
said in June 2019 Quarterly ?
How is their cash receipt and expense is tracking?
