• Connected IO cash receipts increase on previous quarter.
• Accrued revenues building to total $460,000 for June quarter.
• Purchase orders as at 30 June equate to $650,000, anticipated to be converted to cash receipts before the end of the calendar year.
• Inventory grows 50% to approximately $1,200,000 in anticipation of invoicing and shipment
So finally some positive new that'll give the SP the bump it needs!
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- Ann: Connected IO revenue grows with accelerated outlook for 2018
Ann: Connected IO revenue grows with accelerated outlook for 2018, page-3
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