Hypefast, an Indonesian technology startup, addressed questions about its current state due to infrequent updates on social media.

Achmad Alkatiri, Hypefast’s founder and CEO, said Monday on his LinkedIn page that the company this year has so far reported “two consecutive quarters” of positive net income and “two consecutive quarters” of positive cash flow, as well as approaching a debt-free status.

The company carried out two rounds of layoffs last year and faced increasing ecommerce platform fees.

Hypefast is currently seeking to hire for over 20 roles across multiple departments.