HTG harvest technology group ltd

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-8

  1. 141 Posts.
    lightbulb Created with Sketch. 86
    "Invoices sales in the June Qtr of $836k, but only $537k was able to be recorded as revenue" ...

    What a cracker ... I only studied accounting for 7 years so I may be wrong, but if it was invoiced in June then surely it is revenue in June??

    This is a bit like the whole Monthly Recurring Revenue (MRR) changing to being called Monthly Recorded Revenue when the quarterlies started going backwards.

    Over promise, under deliver. Change is needed.
 
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