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Osirium Technologies – “full year trading update”, argues “progress” but what about the cash flow?

By Steve Moore | Monday 9 January 2023


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Describing itself as “a leading vendor of cloud-based cybersecurity software”, Osirium Technologies (OSI) “is pleased to announce… bookings and revenue for the 12 months to 31 December 2022… in line with recently upgraded market expectations”and that it “approach 2023 with confidence in the group's growth prospects”, so what of a current 3.8p share price?
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