In hindsight, management were a little cheeky underplaying the $408k one-time prepayment when they trumpeted a 60% quarter on quarter increase back in September, only to very readily adjust for it in calculation of today's 40% increased sales.
Not the be all and end all, but it makes us work a little harder to get a clear view of how sales are trending.
Last financial year, SCT achieved sales of $1.77m. At the halfway point of this year (and removing the $408k prepayment for consistency's sake), they have YTD revenues of $1.34m. By maintaining this trajectory, we'll see a 50% year on year increase in sales by the end of the June 2019 quarter.
Nevermind that the September 2018 4C stated that the SBD partnership is "expected to start materially contributing to Scout revenue in the March 2019 quarter" - throw this into the mix, and I suspect we'll see revenues edging north of $3m by EOFY.
- Forums
- ASX - By Stock
- SCT
- Ann: Appendix 4C - Quarterly Cashflow with commentary
Ann: Appendix 4C - Quarterly Cashflow with commentary, page-5
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SCT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.930M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
SCT (ASX) Chart |
Day chart unavailable