There's no doubt that the continuation of adjusting accounts to come in line with
gross margins has continued into this current quarter , which is slightly disappointing ,
was hoping that we had seen the last of that exercise . Still feeling the effects of the
previous " cluster f... " .
However , imo , the true success of the current 4c is buried and not spruiked at all .
Assuming we can tie in cash receipts and revenue to be tracking around the same levels
since recurring revenue has been similar for the last few months
Averaging around $1.75 m per month for the july - sept period
Previous Bespoked Financial model
As you can see the gross margin on the 4C is negative , this is reinforced by the yearly where
$22.4m revenue was recorded and product and manufacturing cost of $23.9m !( Ignore the
R&D costs , they don't count on gross margins )
Now , Dirk and team have been transforming the Company , as you all know , however have
a closer look at the current 4C and the gross margins being achieved . Side note , the margins
spruiked by AJX are NET MARGINS not gross margins
NON Bespoked Financial model
The Gross margin has gone from negative to 45.3% ( 5764-3149 / 5764 *100 ) and the 23%
AJX are Net Margins , ( albeit we are talking cash not revenue , but should be close )
The expected cash outflows for the next quarter included PM&O costs of $4.1m which
should translate to around $ 7.5m at 45.3% GM .
cheers .....glta
- Forums
- ASX - By Stock
- AJX
- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-49
-
- There are more pages in this discussion • 201 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 AJX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $15.62M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $110 | 11K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 155370 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 63736 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 155370 | 0.010 |
2 | 700000 | 0.009 |
3 | 516044 | 0.008 |
1 | 200000 | 0.007 |
3 | 628000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 63736 | 2 |
0.012 | 92200 | 1 |
0.013 | 240000 | 1 |
0.014 | 564269 | 2 |
0.015 | 1200 | 1 |
Last trade - 10.00am 09/08/2024 (20 minute delay) ? |
Featured News
AJX (ASX) Chart |