I think you mean to say that you will not accept you are wrong in weight of overwhelming evidence to the contrary1.
82Punter3,311 Posts.
1273
11/02/22
16:04
Post #: 59515660
Originally posted by wrcmad: ↑
From the Sept activities report:
"An additional A$76k of cash receipts received by Invigo has been excluded from the quarterly cash receipts, as it was earned and received prior to the acquisition date of 26 July 2021. Including these excluded cash receipts, the Company achieved revenue growth of 41% for Q1 FY22 compared to Q4 FY21."
How do you consider that the Invigo receipts referenced in the Sept activities report can be considered a cash receipt from customers in the Dec quarter? seriously?
The basis on which it was excluded from the Sept 4C was because it was earned and received by Invigo prior to the 26 July acquisition date and therefore was not a cash receipt from CRO/SPX customers, rather it was cash acquired through investments on the Sept 4C.
When he says 'if that had been counted then our September quarter would have been slightly up and our December quarter would have been slightly down'. That is a reference to the growth figure of 55% for the Dec 1/4 being the actual question asked of AF immediately before the quoted response.
Therefore had CRO/SPX been permitted to include the Invigo cash receipts of $76k in the Sept 4C, then the 1/4 on 1/4 growth for Sept would have been 41.3% instead of only being 18.6%. Further, the Dec 1/4 on 1/4 growth would have been 30.3% instead of 55%. I.e. September growth would have been up and Dec growth would have been down.
We could just all agree that the growth in cash receipts from the June 1/4 to the Dec 1/4 was 84.1% and move on
In any event, whichever way you slice it, it's not 20.7% and it's also not 14.2%SPX Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
3,311 Posts.
1273
11/02/22
16:54
Post #: 59517134
Originally posted by wrcmad: ↑
Seeing as you want to quote AF from the Proactive Investors interview, let's ensure that you're quote is in context:
@1:35 the interviewer says: "There's been some dispute online, Adrian, as to the growth figureof 55%. Can you give us a bit more insight into that?"
The above is the question AF was in fact answering. He was not asked about cash receipts and therefore was not referring to cash receipts being up in September and down in December.
It seems that being deliberately misleading is your forte...SPX Price at posting: 3.4¢ Sentiment: Buy Disclosure: Held
- Forums
- ASX - By Stock
- Ann: Investor Presentation
I think you mean to say that you will not accept you are wrong...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPX (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $34.59M |
Open | High | Low | Value | Volume |
0.7¢ | 1.0¢ | 0.7¢ | $98.44K | 11.81M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1982955 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1899502 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1982955 | 0.008 |
10 | 7726871 | 0.007 |
15 | 8220608 | 0.006 |
20 | 14310000 | 0.005 |
6 | 18650000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1899502 | 4 |
0.010 | 6464305 | 15 |
0.011 | 5983514 | 6 |
0.012 | 3671718 | 6 |
0.013 | 1467205 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
SPX (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online