Hi there gcrispin ... thanx for your feedback on CKSW.
Yes, it seems there has been an improvement in their "financial affairs", considering that they had lost money for 5 Quarters in a row ! At last their Bottom Line is positive.
As it happens, they do have some long term debt. It's about $2.0mil. Doesn't sound like much, but it does represent about 20% of S.H.Equity. Not the end of the world, but one doesn't want it to go too high and adversely affect the Income Statement, IMO.
Operating Margin, after 6 months, is just into the positive at 0.55%. But this is up from -7.5%, so things are better.
IMO one would want to see this trend continue for the next few Quarters, in order to build confidence that CKSW now had what it takes to provide value for shareholders.
Good luck with your investments as well, especially with CKSW. |
