AVC 0.00% 50.0¢ auctus investment group limited

Doing a little quarter on quarter comparison. Q1 - Staff costs...

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  1. 2,657 Posts.
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    Doing a little quarter on quarter comparison.

    Q1 - Staff costs 700k
    Q2- Staff Costs 164k

    Wonder where this massive difference is? Either it's a mistake or pay has been withheld? I doubt they've taken such big pay cuts. Estimated Q3 staff cost back up at 499k

    Q1 - Receipts from customers 846k
    Q2 - Receipts from customers 1,372k

    A solid 62% increase in receipts Q on Q. This is excellent growth.

    Next Q forecast estimated cash outflows 1,449k and estimated 1,300 revenue.

    "The Group was advised by the Liquidator of MeU (Mobile) Pty Ltd (MeU) on 8 June 2017 that the affairs of MeU had been fully wound up."


    Overall these Quarterlies always seem to lack operations updates. A bit bland.
 
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