CF1 10.0% 2.2¢ complii fintech solutions ltd

Ann: Appendix 4E & Preliminary Final Report, page-14

  1. 106 Posts.
    lightbulb Created with Sketch. 22
    Would be great if we could talk profits, I think you mean cash receipts
    March 2018 $127K
    Jun 2018 $184K
    so 44% increase but in terms of absolute numbers not impressive

    If you have a look at page 2 of the Intiger Market Update that came bundled with the last 4C, under Financial and Activity update, it states that 543 SOA's were ordered during the June quarter, up 285% not as you state 534%. So they went from doing 190 SOA's in March quarter to 543 SOA's in Jun quarter. This means we should see a significant pickup in receipts in the Sept 4C, its does say they were ordered, would be interesting to know what portion increase was from the CBA pilot and were they billed at same rate, that would be a positive. The back office processes change is minor in comparison at 18%

    190 to 543 SOA increase in 3 months is impressive, will be keen to see how this translates to cash receipts in the next 4C

    Lets do some numbers
    Lets ignore back office processes change in last quarter as its minor compared to SOA's
    Lets assume March quarter 2018 represents 190 SOAs which translated to $127K revenue
    Lets assume June quarter revenue at $184K represents only a 44% portion of the increase in SOA's
    Lets multiply $127 by the full increase in SOA's at 285%, we should see cash receipts in Sept 4C around $362K, almost 100% increase on June quarter, I think that would give hope to long term holders.
 
watchlist Created with Sketch. Add CF1 (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.002(10.0%)
Mkt cap ! $12.49M
Open High Low Value Volume
2.0¢ 2.2¢ 2.0¢ $36.83K 1.750M

Buyers (Bids)

No. Vol. Price($)
3 1662472 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 211200 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
CF1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.