ALC 6.78% 5.5¢ alcidion group limited

Ann: Alcidion FY20 Half Year Report and Appendix 4D, page-31

  1. 1,134 Posts.
    lightbulb Created with Sketch. 132
    As a non-accountant, I'm still confused and often a bit thick. If you scroll down to page 9 for our Kate's Financial performance H1 FY2020 you see a figure of 91% which emphasises something worth raving about. But 91% is not stated in the opening document under Highlights thus you have to do some mental arithmetic to realise how good it was. Before probing to p.9, all I registered was 12.3%.

    "Revenue for H1 FY2020 grew by 12.3% to $8.2 million, compared to $7.3 million at H1 FY2019.
    Primarily as a result of investment in our growth strategy, Alcidion delivered a net loss of $1.8 million in H1 FY2020.
    Investments included expanding our sales capabilities in all of our key markets as well as R&D spend to further enhance
    our platform and maintain our competitive advantage.
    We are pleased with the year-on-year growth insold revenue to be recognised in FY2020, which at the end of H1 was
    $15.4 million, already representing 91% of reported FY2019 full year revenue. Of this, $9.2 million is recurring revenue,
    a 22.7% increase year-on-year. Our pipeline of sold revenue out to FY2025 remains strong, with $37.2 million
    contracted to be recognised over the next five years
    ."

    If $15.4 million = 91% of FY2019 full year revenue, then FY2019 full year revenue = $17 million ... tick.
    So we have "Revenue" and "Sold revenue".



 
watchlist Created with Sketch. Add ALC (ASX) to my watchlist
(20min delay)
Last
5.5¢
Change
-0.004(6.78%)
Mkt cap ! $71.15M
Open High Low Value Volume
5.9¢ 6.1¢ 5.2¢ $206.4K 3.711M

Buyers (Bids)

No. Vol. Price($)
1 334659 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.6¢ 643020 6
View Market Depth
Last trade - 15.57pm 17/07/2024 (20 minute delay) ?
ALC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.