Operating Cashflow Outgoings for Q3 last year were $4.39m or $12.46m YTD This excludes Interest and cost of finances which were small figures.
When you say "A number above $15m for costs raising alarm bells" - im generally in agreement. Compared to PCP:
R&D spend is likely to go up due to the $9.9m contract won Ann 4 July
Production costs should go up significantly (commensurate with increase in receipts)
Advertising and Marketing will be up considerably as we saw in Q2
Staff costs will go up (more staff hired to fulfill orders) expect 50-70%
Admin and Corp costs should be roughly similar
Our Q2 outgoings this year are $11.63m or $20.57m YTD Q3 outgoings exceeding $15m would need to correspond to a significant increase in cash receipts for the quarter.
Cashflows from financing activities will likely go up significantly due to our premise expansion.
Hoping to see commentary about revenue sources and the growth of ARR, positive updates about production facility expansion and strong cash receipts.
For end year im hoping we hit 10c NTA per share. $50m+ in revenue for the year would be good.
DRO Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
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