PYC pyc therapeutics limited

Ann: Appendix 4C - quarterly, page-5

  1. SoT
    858 Posts.
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    It's worth noting: the 4C shows R&D spending of $1,146,000 for the quarter.

    In Sept/Oct, PYC will get a 45%tax rebate back on it's annual R&D spending.

    The component from this 4C should be round $515,000.

    If you deduct the rebate, the 'net operating cash flow' is then $1,147,000 for the quarter.

    Here is info on the R&D tax rebate
    SoT
 
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