Quarterly Cash Report at 31 December 2020
Uscom Q2 FY21 4C Report
"Uscom continues its eight year growth record while building cash and investing in global expansion. Both Uscom China and Uscom Europe are now profitable despite the unpredictable COVID-19 influenced global markets. While world economies remain unpredictable, Uscom growth is anticipated to continue through 2021 and be supplemented as the approvals of our sector leading SpiroSonic and BP+ devices are received in China, SE Asia, Europe and the US, and new products continue in development."
Prof. Rob Phillips
Uscom has released its Appendix 4C - cash flow report for the quarter ending 31 December 2020.
- Cash receipts $1.91m - up 149%
- Sales revenue $0.98m – up 125%
- Cash flow positive $0.29m
- Cash on hand $2.28m, up $0.80m