Don't forget this is a cashflow statement so it's more or less reporting revenue generated during June, July & August (assuming trade terms are 30 days).
Some people seem surprised by the Sep qtr receipts of $5.7m, however with trade debtors at 30 June of $2.7m, receipts of $5m plus were to be expected for July - Sep. Sales for July & Aug only really averaged $1.5m per month (assuming debtors are paying on time).
It's possible some patients who received their first implant in June were back for their second implant by August, so patient numbers mightn't be that high yet.
Either way we're finally cash flow positive. Hopefully Germany comes online before Xmas.
Ann: Appendix 4C - quarterly-CUV.AX, page-5
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Mkt cap ! $748.6M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 7 | $14.97 |
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| Price($) | Vol. | No. |
|---|---|---|
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