The Market is not impressed. However, revenue last year was $19 million. We got $4.7 million in cash last quarter and receivables rose $0.3 million. So we are around breakeven. This includes geareing up for new contracts. A bit disappointing as I was expecting the $3 million pa retail contract we got last quarter to boost revenue by more.
However there are 3 new contracts worth $1.5 million pa announced this year. They should lift revenue in the current quarter. Costs this quarter are forecast at $5 million so we should be profitable from now on. How profitable remains to be seen, but given fixed costs of around $4 million from memory any new contracts should lift profits sharply.
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.188M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2500000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 394804 | 1 |
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| Last trade - 16.21pm 18/07/2025 (20 minute delay) ? |
| MSG (ASX) Chart |
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