ODA 2.86% 18.0¢ orcoda limited

Ann: China Revenue Update, page-19

  1. 79 Posts.
    I think a 59% increase in revenue since the September quarter is substantially more than a 'little bit'.
    Also worth remembering is that with many of these agreements the fee payment is delayed, but the marketting spend is gone. So $$$ spent in this quarter result in cash flow next quarter. As identified in the last quarterly. So you cant place a direct equasion on the marketting spend to revenue. Id be very happy if they had double their marketting spend and we have a 59% increase in revenue.
 
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