Monday, November 14, 2022 12:12:15 PM
The year-end (August 31) is due the last week of November. It should show the balance sheet for all acquired companies and we could then see how much of the company's equity, if any, was classified as "Goodwill" at that time. From the income statement, we might see something about what improvement Alchemy's sales have brought.
But the first quarter (November 30), which is just about to wind up, is due for release 45 days later in mid-January, should give an indication, I think, if cash has become a problem. Hopefully, the year-end will show adequate cash and the first quarter will show growth from that position right after the last acquisition-- especially if Alchemy sales hit $5MM or so.
Always be on guard for misleading, deceptive or erroneous messages. I am not an investment professional. My messages are my opinion only, and are subject to change when contrary information is later relied upon. Always do your own research.
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