Operating cash outflow is up 33%, does everyone miss that or...

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31/01/18

22:50

Post #: 30719785
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Originally posted by Jen7575 ↑

SUMMARY

Recognised customer revenue for the quarter was A$428k vs A$407k for the prior quarter, reflecting an increase of 5% quarter-over-quarter. Compared to the same quarter last year, customer revenues are up 260%

Cash receipts from customers for the quarter totalled A$418k vs A$407k in the prior quarter, an increase of 3% quarter-over-quarter. Compared to the same quarter last year, cash receipts are up 524%

Operating cash outflows of A$3.21M - (up 25% on previous quarter of A$2.56M and 33% over prior year of A$2.41M)

Signed contracts that management forecasts to have aggregated revenues of more than A$69.3M (up 33% on last quarter)

o Excluding amounts that have since converted to revenue
o Excluding any attribution to the Ingram Micro USA distribution agreement,
for which management is currently unable to offer a revenue forecast

Significant progress expanding channel sales network with a total of 17 sales
partners in place covering North America, Western Europe, the Caribbean, Latin
America, and Australia

Successful placement raised A$23M from new and existing top-tier institutional
investors

$5.4M received from full exercise in November of unlisted two-year BUD options

Cash on hand at 31 December 2017 totalled A$28.4M.

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Operating cash outflow is up 33%, does everyone miss that or just ignore it?
BUD Price at posting: 21.5¢ Sentiment: None Disclosure: Not Held
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Operating cash outflow is up 33%, does everyone miss that or...

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