AJX Fundamentals thread, page-9

	Column 1	Column 2	Column 3	Column 4	Column 5
0		Manufact Cost	Expend Forecast	Actual Expend	Receipts
1	Sep-16			5,526	3,807
2	Dec-16	2,568	7,812	8,416	5,311
3	Mar-17	5,285	9,876	11,608	6,471
4	Jun-17	8,774	9,746	9,495	6,844
5	Sep-17	7,357	6,391	5,174	5,764
6	Dec-17	3,149	5,881	?	?

I hope the above shows up ok. Figures are millions. I've displayed Actual Expenditure and Receipts for the actual quarters and then pushed Manufacturing costs and Expenditure Forecast to the next quarter. A couple of things you might ascertain:

* Up until last two quarters actual expenditure blew out forecast expenditure but you can see the last 2 expenditure has actually come under forecast - the last quarter significantly. To me this represents a reflection on the cost-saving exercise they have embarked on. I feel the immense drop in actual expenditure paints a positive picture.

* The company claims they have vastly increased margins however the figures show that manufacturing costs of the previous quarter is significantly larger than the receipts of the last two quarters. To me this indicates that there is quite a bit of stock that revenue may have been earned but not received yet. This could indicate the next quarter figures for cash received might be better than some expect. We'll just have to wait and see.

* Manufacturing cost forecast for next quarter (not in table) is over $4mill. That's a jump on last quarter's $3.149mill so will this reflect in higher revenues again taking into consideration ever-increasing margins?