Ann: Half Yearly Report and Accounts, page-24

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Wazdan

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04/03/18

08:59

Post #: 31508725
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Originally posted by Last of the Mohicans ↑

Just had another look at the half year report.

So if you project things forward from it to get an annualised view you'll get roughly the following .......

R&D is going to be around A$1.4M
Staff Expenses are going to be around A$3M
(yes more than double because a lot of the staff came 3 months or more into the period)
Marketing around A$1M ( given the lack of it currently)
Other Operating Expenses A$1M (would have been A$1.5M but is bloated by the placement cost)

So in otherwords are outgoing are currently going to be around $6.5M for 1st Jan 2018 to 31st Dec 2018.

To cover that level of outgoings our revenue from operations would need to be in the region of A$11M for the company to breakeven (assuming we retained the current gross profit margin).

On top of the above we still have to factor in the considerable difference that exists between our outstanding receivables and our outstanding payables (A$869,000 for the half year).

Given that the first 2 months of 2018 have already passed by without any sign whatsoever of an uplift in our sales revenue, that's going to place a lot of pressure on the amount of sales growth that's going to have to start appearing from April onwards if the company is to get anywhere near breaking even by the end of 2018.

We're now in March and that means less than 19 business days for the company to get those first revenue generating Dataflex contracts signed sealed & delivered

LOTM

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LOTM
Thinking that Rav could be right(cough splutter) your sentiment should be

Sell Not held

Think I will take State One,s analysis (all bet it a tad off) rather than yours
$1.9 mil for 2018
$9.4 mil for 2019
$31.5 mil for 2020 and cash flow positive, that will be an incredible feet IMOP View attachment 994702

Last edited by Wazdan: 04/03/18

SYT Price at posting: 1.6¢ Sentiment: None Disclosure: Held
7 Upvote

1 Great analysis

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