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clock Created with Sketch. 20/07/21
13:24
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Originally posted by mallcop:
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Just remember that there will not be $5.6mln in sanitiser sales this year so the total revenue could be flat to down compared to last year. The reason I say this is the first 3 quarters of cash receipts for FY21 are $24.8mln vs FY20 cash receipts of $37.5mln. Therefore to grow cash receipts this quarter we would need the upcoming 4C to be $12.7mln or greater. The company needs to be very clear on how it breaks down the revenue streams so as to not confuse investors. The company has historically been pretty poor communicators so this is an area of concern for me.
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Good answer. I had been focussed on the $7.8mill sales for last quarter and wanting/needing them to achieve better than that this quarter to help underpin the SP. You're correct that the sanitiser sales from LY skew the figures.
(20min delay)