ALC 3.45% 6.0¢ alcidion group limited

Ann: Appendix 4C - quarterly, page-102

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  1. 995 Posts.
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    Thanks @composer and @willchang409 for your contributions. I had the exact same error in my spreadsheet with the FY20 forecast number in for the final FY19 quarter. Although really it wasn't ideal that they changed the format for the last quarter. My old CFO had a rainman memory and would spontaneously combust if someone tried to make a format change like that on an external report.

    One question for whoever to clarify, given every company appears to present and label this data differently (contracted, pipeline, funnel, backlog). Given the recognised revenue for FY20 at 31 Dec 2019 is $15.4m, and total revenue sold for FY20-25 is $37.2m.

    Is it correct to say that they effectively have $21.8m ($37.2 - $15.4) of revenue, at a minimum, they they expect to recognise from Jan 1 2020 onwards, all the way through to FY25?
    Last edited by gamblore: 29/01/20
 
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