YuuZoo

YuuZoo ($0.161) Phenomenal 2Q16 profit growth but where is the cash flow?-YuuZoo’s 2Q16 headline net profit surged to $14.2m from a low base (2Q15: $1.3m)-Revenue soared 235% to $35.8m, of which $17m was from non-cash franchise revenue -Balance of revenue from ecommerce segment which is barely breaking even.-Management believes its unique platform gives them competitive advantage. However, distrupting social media/e-commerce/payments giants such as Facebook, Alibaba, and PayPal will be tall order