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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-42

  1. 11,075 Posts.
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    @Mayi
    Well there were $65m - (5-10% more now due to forex? they didn't have derivatives on the balance sheet last year), of (four) big orders to be delivered this calendar year. Plus there will be other smaller orders etc. So $43m revenue ytd, plus 51m backlog = $94m. So $29m of extra revenue from little orders, grants etc. Seems about right. Last year they got $17m in revenues from small orders, with $7m of that from distributors.
    Not quite doubling revenues from smaller stuff and grants and incentives doesn't seem strange at all considering the international security situation (and 10% or more from forex and inflation).

    I can't see how they could have a ytd revenue plus backlog of $69 like you appear to have in method 1. There appears no reasonable way that can be plausible.
 
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