PnL profit by quarter before tax increased, so good sign. Then how about cash flow, is it improve? Good profit doesn't mean good cash flow in, need to further check.
Ok, that's look good. Operating cash flow positive mean is real cash generated by real profit. The cash use to reduce bank borrowing and reduce interest cost as well. Sometimes the profit increased can be from non cash item, therefore need to be very careful to check for completeness as complete as possible or a better full picture. Don't fall into trap of fantastic PnL performance. Cash flow is another checking point. That's easy right?
No need to attend any expensive workshop, just use aim the bull 5 steps measurement can help you avoid unnecessary loss. For instance, VIVOCOM showing so nice profit, but poor cash flow, then you know what I mean
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