I can't see where it states Boots revenue will appear in Q4 quarterly. I can see where it states Boots receipts will appear in Q4 quarterly. Receipts are talking about cash not sales. To exclude the UK Boots sales figure from the sales figure they have reported for this quarter would be highly misleading to the market. This is what accrual accounting is for.
As I said previously a breakdown of sales based on product and country would be helpful in understanding how the Boots roll out is going. I'm not overly fussed that Boots cash hasn't come in yet as we've just had a capital raising, but you've either made a sale or you haven't regardless of whether or not cash has been received.
I am all for this company succeeding as I hold shares. I just feel they have been a bit sneaky with how they have worded this report. I would like to see an update with a full breakdown of sales so we can see what is and what isn't performing at this point in time.
RNO Price at posting:
2.2¢ Sentiment: None Disclosure: Held