NWT 0.00% 11.5¢ newsat limited

declining cashflow spells death, page-3

  1. 16 Posts.
    I'd like to see some more chat here about these numbers to help better understand the position this coy is in.
    Please, no bagging, we've seen a lot of that, me and a lot of others are stuck having bought in and if you are like me, having written off the value already.

    Receipts from customers dropped from 32.6m to 21.7.
    Correct me if I'm wrong, didnt they exit tech products? They exited Airworks.
    The breakdown by segment shows Satelite receipts up 30% from 12.7 to 16.5m.
    Previous receipts 2006 in the exited business show revenue of 21m in 05/06, thus post sale, down to 6m in this fy.
    That means 15m less in the balance to compare, and they were down 11m overall. Does that mean in a way they made up 4m with the inc sat rev?
    Where is the cash from selling Airworks? Is that still in the mail?
    If that 30% growth continued, sat rev would go to 21.5m next yr, but we should expect no revenue in ad+media / tech products. Thus overall rev to drop 1m next year.
    Surely though there would be a big drop in cost of sales etc from exited businesses so cash burn should drop off a lot.
    Will it be enough to survive though?

    I know this is a crappy stock, but I want to expand on your comment Analyst to dig deeper into the numbers.
 
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