Optiscan report Zeiss orders in EUR
In March qtr 22 they reported orders received for the qtr of 188 EUR, June qtr 22 460 EUR and Sept qtr 223 EUR totaling 871 EUR.
Converting this to AU$ comes to around $1.350m. Receipts from Zeiss over these 3 qtrs total $662t. If OIL can manage to supply under these orders it bodes well for cash flow with $588t still to come in for December and March qtrs. Assuming orders received in December qtr are strong OIL should have regular cash flow coming in from Zeiss over subsequent qtrs.
This was the comment from March 22 qtr
"$120k revenue was derived from Carl Zeiss orders shipped in the Quarter (2 processors and 1 service probe). Orders for 5 new processors were received in the Quarter from Carl Zeiss (of value EUR 188k), with an anticipated similar number for each subsequent quarter this year."
So we are doing better than that!!
The comment from the Sept 22 qtr
In the September 2022 quarter, the Company received the largest cash receipt in the past 12 months of $373k
from Carl Zeiss for orders shipped. Orders from Carl Zeiss continue to be strong at EUR 223k received for the
Quarter.
Not a time to be giving up things might finally be getting started!!!
Hope this helps Wink
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