Come on guys. you cant be this naïve. all hes doing is taking revenue generated for the quarter plus receivables at the end of the quarter and adding them together.
he's trying to show that theres a pattern of revenue growth. which there is. only problem is theres a pattern of loss too.
its slightly midleading in that context because he's not showing you the losses merely whats been generated.
he states they made 452 grand in the 6 months which is fine.
however.
even with those revenues calculated in, the last 2 quarters show they lost 740 grand.
they need to double up and they need to do it fast.