Australia's largest stock trading and investment forum Australia's #1 stock forum

CL8

Click for more information

0.00%

1.3¢ carly holdings limited

Ann: Appendix 4C - December 2019 Quarterly Report, page-23

First 23 Last

Share
Profile

Follow
Radar100

3,127 Posts.

162

10/02/20

16:50

Post #: 42846104
Share
Originally posted by Warnie: ↑

Also they owe $850k come March.

$845 receipts means you need to attempt to get the costs under it

Forget R and D - make that $0
Nothing to research or develop for now use what you got

Opex costs are 76% of receipted income - way too high (24% is not enough margin) so this figure must come down to $338k Q
Giving a 60% margin. Find out where business can reduce costs

Marketing can be reduced to $90k while income stabilises (get more creative at marketing) for example comms only sales team ( Only paid pers signup to Icarly) my business as one example could provide plenty of leads for this as could others

Staff costs too high (inc directors income, all needs to be culled back to circa $200k Q)

Admin/Corp cant help $129k

There you go .....cash flow positive.

Expand

@Warnie I couldnt agreed more especially on R&D and Staff cost, surely everything is built to a point this can drop dramatically.

Across a simple 90 day timeframe that
$253,000 R&D equates to $2,811 per day
$369,000 Staff costs equates to $4,100 per day

The deal rate/announcements isn't matching the spend.
CL8 Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

LU7

Strong PFS numbers solidify Lithium Universe's big plans for Québec

IRE

Iress runs 'hot' for Wealth Within's stock tips

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Failure to report prompts ASX to impose multiple company suspensions

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 15 more messages in this thread...

First 23 Last

Add CL8 (ASX) to my watchlist

SPONSORED BY