AJX 0.00% 0.8¢ alexium international group limited

Quarterly Revenue Projections, page-165

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    The chart of cash receipts updated to end of September (3Q16) confirms the minor fall that occurred in the previous quarter to be a timing issue and immaterial to the rapid growth being evidenced.

    AJX 3Q16 Cash.JPG


    Shown again for comparison is the chart of estimated quarterly revenues calculated at the beginning of the year that would achieve the US$18.5M (A$24M) baseline target for CY2016 at a regular growth rate. This estimated A$12.5M to be booked by the September quarter. The reported revenue of A$15M to end of October shows revenue growth to be well on track to meet the CY2016 target.

    Revenue Projections_Oct16.JPG
 
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