ASV 5.26% 2.0¢ asset vision co ltd

Seems to be tied up in working capital for the end of the...

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    Seems to be tied up in working capital for the end of the quarter.

    Revenues up from $17.5 mill to just under $21 mill.(20%)
    Staff costs up from $11.4 mill to $14.7 mill. (+28%)

    Working capital ( will include accounts not paid prior to end of quarter) have risen from -$2.1 mill to -$5.8 mill.

    Could we surmise that $3 mill+ is due from accounts to be received after quarter end?

    Hopefully they will bring out a commentary on results for a bit more clarity. Face value, appears to still be going well.
 
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