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You forgot to include 850k from rebate There is only 750k as...

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Pman

2,226 Posts.

236

23/02/18

16:47

Post #: 31298116
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Originally posted by mbarring ↑

The 4d and 4c illustrate the difference between revenue and cash flow.

In the 4d Revenue and Royalties is $1.6m

Compare the 4c cashflow which shows the same period (6 months Jul-Dec) the cash received from customers (including royalties) was only $0.362m.

This suggests that the next 4c already has $1.24m cash in the pipeline.

Of course there is still a delay between sales and it converting into revenue, and then revenue into cash.

But for those who were ringing their hands about the lack of money in the 4c, the 4d let's us see a little more behind the curtain, but still leaves us guessing as to actual sales - all we can surmise is that obj is growing its cash, revenue and sales.

Isn't accounting fun!

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You forgot to include 850k from rebate
There is only 750k as receivable and not all of that is from debtors refer full year breakdown.

OBJ Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
7 Upvote

0 Great analysis

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