9. Estimated cash outflows for next quarter $A’0009.1 Research...

9. Estimated cash outflows for next quarter $A’000
9.1 Research and development (30)
9.2 Product manufacturing and operating costs (220)
9.3 Advertising and marketing (3)
9.4 Leased assets (14)
9.5 Staff costs (250)
9.6 Administration and corporate costs (162)
9.7 Other (provide details if material)
9.8 Total estimated cash outflows (679)

Seems a realistic guesstimate of expenses as thats what these estimates are. Except for 9.2 Product manufacturing and operating cost. In November the estimate for 9.2 was 400 and turned out 200k higher.

Management have stated that they aim for 40% GP if so then 200k of manufactured product is only going to generate sales of around $330k. Presumably the business is holding considerable stock to draw down from and increase sales without increasing manufacturing costs?
Hopefully a supporting announcement will clarify these issues and also explain the poor sales result for the last quarter.
The large order that cash was supposedly raised for will not be forthcoming in the next quarter?

Connected IO Provides an Update on Outlook for 201908/11/2019 5:56AM

Connected IO announced that it has continued its outlook for 2019.
The Company's current purchase orders equate to $1.4m and anticipates that these purchase order will be manufactured, certified, delivered, deployed and invoiced by the end of the first quarter 2020.

The Company's cash receipts in the first 4 weeks of the current quarter have reached $730k, establishing a foundation for the December 2019 quarter.

Hopefully this announcement will ring true and the bulk of the 1.4m in orders will show in the first qtr. Which should give a quite significant sales figure for the 4c. BUT I ask why dont these orders show in the 9.2 Manufacturing costs? hmmm?

All to be revealed in the next 4C