Cash Flow from Operations Turns POSITIVE for AcuNetx's Twelve Months
09/08/2010
New York, NY, September 8, 2010-CFFO-NEWS reports that Cash Flow from Operations (CFFO) for AcuNetx, Inc. (OTC:ANTX.E) for its twelve months ended June 30, 2010 was a positive $14,973, compared with a negative Cash Flow from Operations of $(64,852) for the comparable year earlier twelve months. Cash Flow from Operations for the most recent twelve months also reached a four year high.
For AcuNetx's quarter ended June 30, 2010 Cash Flow from Operations was $16,845, compared with $2,611, a 545% increase over the comparable year earlier quarter. Cash Flow from Operations for the most recent quarter also reached a four year high.
The shares of AcuNetx were recently trading at $0.01.
CFFO-NEWS utilizes a line item which is labeled as “Operating Cash Flow”, “Cash Flow From Operations” or “CFFO”, which can be found within a company’s Cash Flow Statement to calculate Cash Flow From Operations. The Cash Flow Statement is filed with the Securities & Exchange Commission on a quarterly basis.
CFFO or Cash Flow From Operations is a much better leading indicator than Earnings or Net Income because the Cash Flow Statement reconciles Balance Sheet Data such as Receivables, Inventories and Payables. Each of these items can have a significant impact on a company’s cash position while a company’s earnings, ebitda or net income include non-cash profits and losses.
CFFO-NEWS monitors and publishes quarterly updates on Cash Flow From Operations for over 8,000 publicly traded U.S. companies. It also follows and publishes articles and reports on 216 industry groups. CFFO-NEWS’ company news, industry news and archives are available at www.StockTrendNews.com.
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