DW8 Growth, page-11702

Merry Christmas to all DW8 holders. Some cashflows to review over the holidays. Don't think DW8 will be cashflow positive Q3 FY22 due to NDC settlement funds as there are capital costs for Kaddy expansion.

DW8 Cashflows Review 25.12.2021

$6Mcash end of Q1 FY22

+$14.4M SPP/CR

-$6.75M Kaddy

-$0.7M CR costs

+$459k via Directors

+$134k via conversion DW8O options

+$211.1k via Directors

+$137.5k via conversion of options DT, JM

-$68kdeposit for NDC purchase

+$1.06M deposit for NDC sale

SUB-TOTAL = $14,883,600

-$2.5Mcash burn Q2 FY22

BALANCE = $12,383,600 end Q2 FY22

+$3.54M NDC settlement Q3 FY22

-$2.4Mcash burn Q3 FY22

-$2M capital expand Kaddy

BALANCE = $11,523,600 end Q3 FY22

-$2Mcash burn Q4 FY22

-$2Mcapital expand Kaddy

BALANCE = $7,523,600 end Q4 FY22

-$1.5Mcash burn Q1 FY23

-$1.2Mcapital expand Kaddy

BALANCE = $4,823,600 end Q1 FY23

-$1Mcash burn Q2 FY23

BALANCE = $3,823,600 end Q2 FY23 (CR/SPP likely to boost cashflow and/or acquisition)

-$0.5Mcash burn Q3 FY23

BALANCE = $3,323,600 end Q3 FY23

Breakeven Q4 FY23

Balance = $3,323,600 end Q4 FY23

+$0.5Mcashflow Q1 FY24

BALANCE = $3,823,600 end Q1 FY24

Also additional cashflows from the sale & leaseback of warehouses in Perth, Sydney & Adelaide so may not require another CR/SPP unless there is an acquisition.