SCT 0.00% 0.5¢ scout security limited

Ann: Appendix 4C - Quarterly Cashflow with commentary, page-5

  1. 462 Posts.
    lightbulb Created with Sketch. 72
    In hindsight, management were a little cheeky underplaying the $408k one-time prepayment when they trumpeted a 60% quarter on quarter increase back in September, only to very readily adjust for it in calculation of today's 40% increased sales. 

    Not the be all and end all, but it makes us work a little harder to get a clear view of how sales are trending. 

    Last financial year, SCT achieved sales of $1.77m. At the halfway point of this year (and removing the $408k prepayment for consistency's sake), they have YTD revenues of $1.34m.  By maintaining this trajectory, we'll see a 50% year on year increase in sales by the end of the June 2019 quarter. 

    Nevermind that the September 2018 4C stated that the SBD partnership is "expected to start materially contributing to Scout revenue in the March 2019 quarter" - throw this into the mix, and I suspect we'll see revenues edging north of $3m by EOFY.  
    Last edited by ghoti: 30/01/19
 
watchlist Created with Sketch. Add SCT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.