31 July 2018 – Adelaide, South Australia
Buddy Platform Limited (ASX: BUD) (“Buddy” or the “Company”), the Internet of Things (“IoT”)
data management, processing and control platform, has today released its Quarterly
Appendix 4C filing for the June 2018 quarter (Q4 FY2018).
SUMMARY
• Total revenues were over A$1.9M for the quarter and nearly A$3.9M for the year,
reflecting increases of 232% and 230%, respectively, over the same period in the
prior year. These figures include:
o Quarterly customer revenue of A$761k reflecting an increase of 51% quarterover-
quarter
o Full-year customer revenue of A$2.1M, nearly doubling over FY2017
o Government rebates and incentives of A$1.1M for the quarter and A$1.6M
for the year.
• Total cash receipts were nearly A$1.5M for the quarter and over A$3.3M for the year,
reflecting increases of 163% and 196%, respectively over the same period in the prior
year. These figures include:
o Quarterly customer cash receipts declining quarter-over-quarter by A$195k
to A$282K due to the timing of customer’s payment cycles, budgeting
processes and their balance sheet management at financial year-end
o Accordingly, Buddy ended the quarter with A$534K in receivables and the
Company believes, and is satisfied, that these balances are recoverable and
will be collected.
• Gross operating cash outflows of A$4.2M are A$134k or 3% higher than prior-quarter
estimated cash outflows. Full-year gross operating cash outflows of A$13.7M were
A$504k or 4% better than estimated in our previous quarterly reports.
• Cash on hand at 30 June 2018 totalled A$22.4M.
- Forums
- ASX - By Stock
- BUD
- Ann: Appendix 4C - Quarterly Report with commentary
Ann: Appendix 4C - Quarterly Report with commentary, page-2
-
- There are more pages in this discussion • 258 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 BUD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online