As of 31 December 2022, the Group held cash of $6.9m. The cash balance at the beginning of the
reporting period was $36.2m after receiving an advance receipt for an international order delivered
during H1 FY23. Cash payments during the reporting period were primarily used to deliver on the
major orders on hand and to increase inventory stock. Inventory stock was replenished during the
reporting period, with an increase from $16.4m (FY22) to $25.4m, in readiness for the large orders
currently under customer evaluation.
The Group currently expects revenue to exceed $82m for FY23.
NTA at 31st December 2022 was 39.3 cents per share.
I added to my holding today at 38 cents per share.
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As of 31 December 2022, the Group held cash of $6.9m. The cash...
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8 | 179874 | 0.205 |
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Price($) | Vol. | No. |
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0.240 | 72816 | 2 |
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