Q2 Cash Flows, Emerald:
I'm not sure where they are pulling this from, Emerald:
Posted Q2 Cash Flows from Operations of $446k, a 162% improvement from Q2 2019
Do you know where that's coming from? They don't break it out in Q2, but that's what they are saying in their financial highlights of the PR today.
I'm not complaining. That's very good. Just as I said it would have to be in order to squeak out a small increase for the first 6 months. That's very good. That's undeniably cash flow positive from operations alone. Dilution, however, does dilute that. And it hurts. Toxic. Needs a strong anti-dillutive base. I see only one other big conversion coming up in September this year, which has potential to be sidestepped.
And then this is very encouraging:
"Exceeded 200 Cannalytics clients, more than doubling users in just one quarter"
I'm assuming that's revenue producing. They never actually say. It has to be very good margins when you already have the internal data, that's just growing with each market share grab. Cannabase's data in their too, I'm sure.
I hope they answer the question and break those numbers out. A doubling is really good. I'd like that to be an exponential trend.
