Cashflow positive for the year
Total receivables grew by almost $1.1 million for the quarter and sit at approximately $1.7 million at year-end.
Demand for the ZinClear range of products continues to improve due to the expansion of the distribution network and as a result in the investment in new formulations and samples.
ZinClear revenues in the quarter grew by more than 50% over the prior corresponding quarter.
------
Don't be confused by a negative cashflow report that we knew was coming. You will note that the negative cashflow is a result of having to buy a heck of a lot of more raw materials to produce the significant growth of new customer orders.
The full year financials are going to be a cracker my friends.
Cashflow positive for the year Total receivables grew by almost...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ANO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $44.96M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 71738 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 250 | 1 |
View Market Depth
| Last trade - 16.12pm 05/07/2024 (20 minute delay) ? |
| ANO (ASX) Chart |
Day chart unavailable