OHE 0.00% $1.10 orion health group limited

Ann: QUARTER: OHE: 31 December 2014 Quarterly Cash Flow Report

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    • Release Date: 30/01/15 08:31
    • Summary: QUARTER: OHE: 31 December 2014 Quarterly Cash Flow Report
    • Price Sensitive: No
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    					OHE
    30/01/2015 08:31
    QUARTER
    PRICE SENSITIVE
    REL: 0831 HRS Orion Health Group Limited
    
    QUARTER: OHE: 31 December 2014 Quarterly Cash Flow Report
    
    Under the conditions of listing on the ASX in November 2014, Orion Health
    Group Limited is required to provide quarterly cash flow reports to the ASX.
    This unaudited consolidated statement of cash flows is for the quarter ended
    31 December 2014.
    
    While receipts from customers are traditionally slower in the third quarter
    of each financial year they were lower than expected in the third quarter of
    FY 2015 due to slower contract closures and billings in North America.
    Management expect this trend to continue in the fourth quarter of FY 2015.
    In addition receipts from customers were adversely affected by the on-going
    planned transition from perpetual licences to subscription contracts.
    
    See PDF for full Quarterly Cash Flow Report for the quarter ended 31 December
    2014.
    End CA:00260160 For:OHE    Type:QUARTER    Time:2015-01-30 08:31:19
    				
 
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