Can someone make this make sense to me?
Here is a statement from the AHF's Quarterly Activity Report
And then here is the actual reported sales revenue in the Quarterly Cash Flow report section:
For reference, receipts from customers in Q3 FY24 (the prior corresponding period) was $1.506M. So this quarter's actual sales result ($1.232M) is 18% lower than for the same quarter last year, when comparing the two cashflow statements.
Total revenue for the year to date (9 months) is also 22% lower now than for the first 9 months of FY24. And this already accounts for pipeline sales of their new formula (which is essentially stocking the shelves rather than any indication of demand from end user customers).
Someone over there at AHF is doing some interesting accounting... not sure how you get from an 18% decrease based on the cashflow statement to a "28% increase".
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Can someone make this make sense to me?Here is a statement from...
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