DXN 4.71% 8.9¢ dxn limited

Ann: DXN signs two contracts for builds worth $1 million, page-16

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  1. 132 Posts.
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    In the quarterly update from DXN it was stated that they had $2.3m in contracted revenue for Q4 FY2021.

    If the delivery date for these solutions is June 2021, that would therefore imply that a large percentage of the revenue from the projects will fall into Q4 FY2021.

    If it is 100% that would make it a $3.3m quarter.
    If it is 90% that would make it a $3.2m quarter.
    If it is 80% that would make it a $3.1m quarter.

    With Q3's operating costs at $2.4m, I'd expect that same cost to apply to Q4 or better yet to be improved due to cost-saving exercises.

    This could mean circa $400k to $700k in operating profit with NO GRANTS OR TAX INCENTIVES just pure business.


 
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