They may have got an extra $800k from last quarter, but if you look at cash receipts this quarter of $5.8m v actual revenue of $7.1m, they have a deferral of cash to next quarter of $7.1(revenue) - $5.0 (cash receipts of $5.8m less $800k relating to the previous quarter). So there should be $2.1m of cashflow next quarter relating to revenue in Q4 '23.
This is my quick take, so could be off.
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- Ann: Appendix 4C & Quarterly Activity Report - 31 December 2023
Ann: Appendix 4C & Quarterly Activity Report - 31 December 2023, page-4
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