Ann: Quarterly Activities and Cashflow Report, page-90

@GoldenRocket89
Yes your right that figure is wrong, I've corrected it in the following table.

The calculation are done on a spreadsheet using whatever the formula needs to be. I just copy the table from the last time it was updated & add in the new data, so must have got that figure wrong a while ago

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8
1	Cash Received	% Growth	Quarter End	Revenue Generated	% Growth	Services Revenue	Sales Revenue	Outstanding Amount
2	A$140,000	~	Sept 2016	n/a	~	~	~	~
3	A$18,000	~	Dec 2016	n/a	~	A$ 26,723	A$106,020	~
4	A$0	~	Mar 2017	A$281,087	~	~	~	A$281,087
5	A$593,197	~	Jun 2017	A$432,309	53.80%	~	~	A$120,199
6	A$313,428	-47.16%	Sept 2017	A$480,382	11.12%	~	~	A$287,153
7	A$449,446	43.40%	Dec 2017	A$318,541	- 33.69%	A$228,530	A$570,393	A$156,248
8	A$314,500	-30.02%	Mar 2018	A$531,778	66.94%	~	~	A$373,526

Please note the Services Revenue figures & Sales Revenue figures both come from Syntonic's half yearly reports. The cost of those sales were A$72,353 in July - Dec 2016 period & A$388,168 July - Dec 2017.

There is no such breakdown of Sales/Services Revenue in the Annual report to 30th June 2017. It just lists revenue of A$846,139, which means that (A$846,139 - A$432,309 - A$281,087 = A$132,743) needs to be split between the 2 n/a's, with presumably a lot of that in the Sept quarter. The cost of sales for the year are A$395,315 so that means A$322,962 of them were in the second half of the year.

The quarterly reports for the Sept 16 & December 16 periods give the impression those 2 amounts (A$140,000 & A$18,000) were cash received, I believe this to be wrong & were in fact just in the revenue generated category. I've spent hours trying to get to the bottom of it all, without any joy thus far.

I would also refer people to the March 2017 quarterly report published 26th April 2017 https://www.asx.com.au/asxpdf/20170426/pdf/43hqzpbzgfz7bm.pdf particularly the bit about the A$281,087 in the first paragraph, "with majority of cash to be received in the current quarter" in other words some of it is on terms longer than 90 Days.

LOTM