Let me add the following,
2015 revenue $67358 (all of which in Interest)
2016 revenue $47950 (all of which was Interest)
Now, from the last 4 x 4c reports
September quarter "customer receipts" $140k
December quarter $18k
March quarter $0
June quarter $593k
(All AUD figures)
I like the trajectory and am willing to hold for the time being. SYT just reported a revenue figure more than 4 times their previous best!
Net cashflow from operations was -$4.03m for the full year. SYT have more than this amount in the bank.
I understand they have forecast $1.35m in expenditure for the next quarter, but that includes a higher spend on advertising.
A growing subscriber base with customer acquisition costs down 89% quarter on quarter.
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- Ann: Appendix 4C - June 2017 Quarter
Ann: Appendix 4C - June 2017 Quarter, page-103
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