Share
2,935 Posts.
lightbulb Created with Sketch. 149
clock Created with Sketch.
16/01/20
12:00
Share
Originally posted by stardestr0yer:
↑
I hgave been watching this stock for a while. One of the issue i had with this stock and mentioned it in an investor preso a few months back to Chris is they are not clearly stating what their revenue is. They are talking receipts one minute and touching on the word revenue the next. They need to include a graph showing receipts and revenues separately. Until I feel comfortable in knowing what revenue is (as I am sure receipts will follow) then I am staying on the sidelines.
Expand
Revenue and receipts are well defined accounting terms. Basically, issue an invoice, it’s revenue. Receive payment for invoice, it’s a receipt 4c s only show receipts, 1H and FY show revenues in the Profit and Loss statements, receipts in the Cash Flow Statements.