Article taken from: finance.yahoo.com
Below I will provide a high-level summary of the industry analysts’ expectations for CPX. Check out our latest analysis for CAP-XX CPX is bordering on breakeven, according to Electronic analysts. They anticipate the company to incur a final loss in 2019, before generating positive profits of AU$100k in 2020. If this rate turns out to be too aggressive, CPX may become profitable much later than analysts predict.
CPX currently has no debt on its balance sheet, which is quite unusual for a cash-burning loss-making, growth company, which usually has a high level of debt relative to its equity. CPX currently operates purely off its shareholder funding and has no debt obligation, reducing concerns around repayments and making it a less risky investment. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
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