Okay I will give it a simple stab for you, back of the envelope stuff.
Some assumptions:
ACV is a 12 month approximate snap shot in advance of the next years total potential invoiced amount.
Exchange rate is 40%
Cash collection has a time lag depending on trading terms, had some explanation of this in a previous post.
21 FY ACV was $9.8M, plus exchange rate @ 40% = $13.72M AUS expected invoicing for 22FY.
22 information received in the 4c:
Cash Receipts = $7.8M.
Invoiced in Q4 = $4.2M, to be collected in following quarters, due to trading terms.
AR = $2.5M, invoiced/due but yet to be collected.
Total Invoiced amount for FY 22 = $14.5M
If there is a worry, to me it's the AR, however, as I have said before large American Corps are notoriously slow payers and it may well be worth their while employing a full time debtors position.
3DP Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
