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Ann: Appendix 4C - quarterly, page-37

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  1. 10,917 Posts.
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    I presume the A$7.4 million is for the quarter and not the half year.Half year revenue looks to be about A$10-11 million with a gross margin of 14% gives $1.5million.Given fixed expenses are about $10 Million pa or $5 million half year a loss of around $3.5 million.Given expenses are running at $2.5million a quarter If they can achieve margins 25% will need sales of $10 miilion or $3.3 million per month to be cash flow neutral.Monthly recurring revenue is $1.5 million can not see them being cash flow neutral in Q2.Borrowings don't add up page 2 says proceeds of borrowings $6,675k yet on page 4 $7,536k drawn at quarter end.
 
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