AJX Revenue, page-4

First 4 Last

Share
Profile

Follow
melastcracker

2,080 Posts.

13/12/16

19:33

Post #: 21311180
Share

Originally posted by Taurean7 ↑

I have made an attempt to overcome ambiguity (if that’s possible) with some real revenue numbers.

The December Newsletter indicates that for CY2016 top line sales are 12x the corresponding CY2015 figure. Values contained in available half-yearly and annual reports allow calculation of the latter.

The top line in any financial report normally is devoted solely to revenue from product sales. As has become typical, calculation is complicated by the top line revenue figures reported in the Dec14 and Dec15 half-yearly reports not corresponding solely to sales. Figures for sales alone require extraction from Note 4 of the financial statements in each case.

I have performed calculations based both on reported revenue figures as well as on sales alone, as shown below. All values are in A$.

Using a multiplier of 12 applied to the CY2015 revenue number (if justified) would result in CY2016 REVENUE to date calculating as A$18.2M, with A$16.0M allocated to the final six months.

Using the figures reported for sales alone gives CY2016 SALES to date as A$12.2M, with A$10.2M being received in the current half year.

I assume that it is solely the sales figures that are referred to in the newsletter. These demonstrate very respectable growth but still remain well away from the stated baseline projection, unless the timing of a major contract falls within the current month. At least inclusion of other non-sales revenue would take us a bit closer to that target.

View attachment 376628

Expand

Thanks Taurean, where that ends up by years end is anyone's guess, but I find even the current figures are respectable in comparison to last year, even if they haven't met their 12 month predicted target as of today, that's fantastic growth!

Cheers.

AJX Price at posting: 52.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

US election outcomes: Key economic and market takeaways

First 4 Last

Add AJX (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $15.73M

Open	High	Low	Value	Volume
1.0¢	1.1¢	1.0¢	$13.22K	1.322M

Buyers (Bids)

No.	Vol.	Price($)
6	428888	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	89290	1

View Market Depth

No.	Vol.	Price($)
6	428888	0.009
4	611000	0.008
2	240000	0.007
2	378000	0.006
1	300000	0.005

Price($)	Vol.	No.
0.010	89290	1
0.011	35000	2
0.012	6314	2
0.014	137511	2
0.015	129929	2

Last trade - 15.55pm 18/11/2024 (20 minute delay)

AJX (ASX) Chart

AJX Revenue, page-4

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Power gets set for 1000-metre maiden drilling program in Brazil

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

US election outcomes: Key economic and market takeaways

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

AJX Revenue, page-4

Top Stories

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Power gets set for 1000-metre maiden drilling program in Brazil

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

US election outcomes: Key economic and market takeaways

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News