Australia's largest stock trading and investment forum Australia's #1 stock forum

1PG 1-page limited

0.00%

16.5¢

How low will she go?, page-90

First 90 Last

Share
Profile

Follow
wessomart

1,142 Posts.

1

16/08/16

20:03

Post #: 18532533
Share

Originally posted by asb83 ↑

Ouch - this isn't good. She is saying cash flow for the 2nd quarter (May-Jul) will be revenue from the 4th quarter (Nov-Jan), which was very minimal according to the FY report that was released in March. It showed revenue for the year ended 31 Jan 2016 was $412,629. So actual revenue for the 4th quarter is probably $100k max.

Those $4.2m in bookings in the 4th quarter won't have been converted into revenue until the last 2-3 months as revenue isn't recognised until after the client has used the platform for that particular month and cash is received 90 days afterwards, therefore cash won't be received in the 2nd quarter, although it will add to revenue in the 2nd quarter.

This is why she is saying the report at the end of this month which has cash receipts is "meaningless" and the HY report in September which has revenue figures will "have more meaning".

This will bounce in the Nov quarterly when cash flow shows a huge improvement. Need to ride out the storm in the meantime.

Expand

I think you're bang on.

1PG Price at posting: 28.0¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

NVO

Novo flags antimony and gold in the Pilbara – but does it need to step back?

PIQ

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

AL3

AML3D opens new facility in Ohio as US Defence strategy bears fruit

PV1

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

First 90 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

How low will she go?, page-90

Top Stories

Friday’s HotCopper trends: Dreadnoughts's drill delight, Galan's beaut raise | June 19

Novo flags antimony and gold in the Pilbara – but does it need to step back?

Proteomics notches up as company launches PromarkerD into the US

HotCopper Highlights for Week 25: 4DS Memory, Meeka & Sprott-citement

Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms

AML3D opens new facility in Ohio as US Defence strategy bears fruit

Hydrogen tanker stock Provaris inks MOU with "K" LINE to provide advice

ASX Market Open: Stocks slide as Trump tosses up attacking Iran directly | June 20

Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

Thursday's HotCopper trends: Second Amplia response, Race combo dosing | June 19

Featured News