Ann: Appendix 4C - quarterly, page-177

Latest from AFR "However receipts from customers fell to $160,000 from $175,000 in the September quarter, prompting speculation about which of its customers were not paying their bills. The update also revealed a puzzling entry for interest received in the December quarter of negative $15,000, despite the company's bank balance swelling to $96 million by the end of the quarter following a $75 million raise at $4 a share led by Fidelity International. The quarterly report revealed the company spent $5.1 million on the capital raising, for which the lead manager was Sydney's Aesir Capital. GetSwift had not responded to a series of questions from the Financial Review regarding its update at the time of publication. The update also revealed big increases in several cost items when compared to the preceding quarter. Research and development payments were up to $849,000 from $130,000, and the company forecast they would rise to $1 million in the March quarter. Meanwhile, administration and payment costs rose from $377,000 to $700,000, with $750,000 forecast for the March quarter. Payments to directors more than trebled from $144,000 to $563,000." Dyor