Receipt from customer up 1.8m
but staff cost up by 1m and admin cost up by .8m from last quarter....
with cost going up and revenue of 6.5m, next quarter cash receipt likely to be lower than current quarter unless more bucks coming in.
how is cost being managed particularly everything is getting more expensive. I can see increased in recruitment and consultant fees contributed to the increased in cost. Is that in relation to staff retaining to stop them from leaving?
Whats the future looking like? Looking forward to hear from the new chief strategy officer about direction...
good thing is cash burn isn't too bad and there's a truck load of cash...
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-5
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