BUD 0.00% 0.6¢ buddy technologies ltd

Ann: LIFX Acquisition Completed, page-12

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    We can expect anything 'booked' between completion of sale and close of quarter, to be attributed to this quarter. That said, it is plausible that many sales channels that processed sales over the weekend would not 'book' the revenue till Monday morning. It could be because of their bureaucratic processes, or it could be because they are invoiced on consignment at end of month (and hence do what retailers often do with that situation when approaching EOM), or for whatever other reason. This stuff happens in the real world. And it is actually neither here or there in the grand scheme of things. The next 4C will be a judgement on Ohm traction after allowing for Thor SoW. Subsequent 4C's will need to be dissected in more detail (and with company assistance) to aid in judgement passing on each line of business.

    All IMO & GLTA.
 
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