FLC fluence corporation limited

Looking at recent 4Cs, it's only in the last 3 quarters that...

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    Looking at recent 4Cs, it's only in the last 3 quarters that receipts have covered costs (ie Product Manufacturing and Operating Costs).

    Year 2018 Receipts $50.168, Costs $55.912 (US$millions)
    Qtr 1 2019 Receipts $11.644, Costs $14.604
    Qtr2 2019 Receipts $15.064, Costs $12.497
    Qtr 3 2019 Receipts $16.167, Costs $11.615
    Qtr 4 2019 Receipts $17.76, Costs $14.645

    This is just cash movements and does not directly relate to P & L. It does not take into account increases in inventory or cash owed by debtors, both of which would have increased from June 2017 up to and including now as the business grows, but judging from the increasing receipts, even blind freddie can see the business is growing.

    All things being equal should be a good year ahead, of course, we can't foresee any effects of the dreadful virus on business. At the end of the day even that could be positive as @ywtoh has pointed out on the media thread.
    Last edited by bridog: 04/02/20
 
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