Greetings to all; new shareholder here.
I'm confused about the revenue figures and wanted to check if anyone has seen this and can provide some clarity?
From the announcement:
Zoono continued to make good progress in Q2. Revenues for the half-year were $1.715m (unaudited) compared to the full year 2019 sales revenues of $1.777m. Q2 revenues were also ahead of Q1 with additional cash received in January.
- Does anyone know why the revenue stated here ($1,715) doesn't match that in the table i.e. $1,798?
- So with the second highlighted statement, revenue for Q2 was actually greater than $588 (or more specifically greater than $1210) but cash receipts were delayed? If correct, this will set up an exciting Q3.
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- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-65
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