It's been a long day and I'm tired so I'll have a better look tomorrow.
I honestly don't understand why you think they'll need to ramp up TTV to $30m per quarter.
The company performed the adjustment for us which shows when payments to merchants are repaid, the company would have cash flow adjusted $1.2m for the quarter. You're saying the company is losing $12m per year made up of $1m per month in cash burn. How are you coming to that number?
Excluding payments to merchants, the quarterly operating costs are $5,098,000 or $20,392,000 annually. Take cash receipts from this quarter $6,087,000 or $24,384,000 annually. Both annual figures are factoring in no growth for example hiring more staff or growing BNPL or mobile banking transactions. Subtracting costs from cash receipts leaves $3,956,000.
This is a rather crude calculation while tired but I'm really not seeing what you mean.
Ann: December 2021 Quarterly Report and Business Update, page-55
-
- There are more pages in this discussion • 118 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OVT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.090M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.104K | 276.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2839912 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 7032552 | 17 |
View Market Depth
| Last trade - 13.47pm 06/09/2024 (20 minute delay) ? |
| OVT (ASX) Chart |