JTL 0.00% 0.2¢ jayex technology limited

Had a look at the figures in particular sales.They have only...

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    Had a look at the figures in particular sales.
    They have only recently employed a further 2 Business development managers(Salesman) in the last 3 months giving 3 in total. So will take time for the new Salesman to find their feet.
    The bookings for hardware for the quarter Dec 23 was $308k which was up from $239k or 28% which was promising.
    Qualified opportunities at Dec 23 was 347k compared to Sep 23 260k up 33% also promising.
    New licences YTD Dec 23 - 510 YTD Sep 23- 470 up 8.5%.

    Also in cashflow it was quoted -
    "The reduction in operating expenses and growth in sales is expected to
    generate a positive net cash flow ".

    They have entered into the agreement with Morph Clinical to further expand product lines and obtained a loan facility from NAB so they are looking to the future.

    Overall the next 3-6 months will tell how they are tracking especially in sales.
 
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