ATV 9.52% 1.9¢ activeport group ltd

Ann: ATV Quarterly Activities Report and Appendix 4C Sep-23, page-4

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    New contract revenues to start flowing shortly and R&D payment due in this coming quarter.

    From the fine print in the 4C:

    8.6.1 Does the entity expect that it will continue to have the current level of net operating
    cash flows for the time being and, if not, why not?
    Answer: No. The Company has achieved substantial recent success in developing a strong
    sales pipeline with a number of new software sales opportunities progressed in
    India, South America, Middle East, Indonesia and Malaysia. Consequently, we
    expect a significantly higher level of revenue receivables to be received in cash
    during the coming quarter
    .
 
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