Target Group cash flow, quarter by quarter

In Q2 2026, Target Group generated −$223K of operating cash flow. That is $707K less than in Q2 2025 ($484K).

Over the twelve months to Jun 30, 2026, operating cash flow was −$1.1M; the largest uses were operating cash flow ($1.1M), other investing ($9K); besides operations, cash came from other financing ($263K); the cash balance fell by $832K.

Operating cash flow was −$223K against net income of −$240K. The largest differences: deferred revenue −$289K, payables +$250K, depreciation & amortization +$229K.

Its cash conversion cycle was -130 days (receivables 32 + inventory 205 − payables 367): suppliers fund its working capital.

Target Group is burning cash: its operations consume cash, a free cash flow of −$1.1M a year at the current rate against $6K of cash and investments: a runway of about 0 months; $7.3M of debt also comes due within a year, which would need refinancing or new money before any new financing.