NWR Virtual Small Cap Investor Conference
NWR Virtual Small Cap Investor Conference on the 26th March 2020 allowed us to present the pre-4C results up to 23-3-20. For the shortened period we reported a $0.33M Profit, our first quarterly profit from operations alone, record cash receipts of $2.14M, cash flow positivity $0.99M, with cash on hand of $2.47M, and we remained debt free. These results were attributable to the first quarter of operations of Uscom China. The presentation was received well.
The formal 4C will be lodged with the ASX as soon as we can produce the integrated accounts from our European HQ in Budapest, Uscom China in Beijing, and General HQ in Sydney.