It's obviously a difficult one to get a handle on.
The deal with AST Australia was only done towards the end of April, so I doubt there was enough time in the recent quarter for this to generate much revenue for HTG?
And trying to estimate the upcoming 4C depends whether you include the $1.9m they received early in January in either the October to December 2019 quarter receipts - or if you include it in the Jan to March 2020 quarter receipts?
Hence I included it in the Oct to Dec 2019 quarterly numbers, and then thought an increase in cash receipts of around 20% quarter on quarter (April to June 2020 versus Jan to March 2020) would be a really solid result.
So cash receipts would end up around $4.8m for the April to June 2020 quarter.
The last two total cash outgoing quarterly figures have been $2.72m + $5.15m, so I then "took a stab" that total cash outgoings for this quarter may be around $4.75m?
Outgoings should be at the higher end of these last two quarterly numbers due to the acquisition that was completed in December 2019.
So maybe HTG achieves a small cash flow positive number for this quarter - but I could be way off base
On another note, today was yet another strong day for the SP. I was expecting it to pull back a bit after such a bullish recent run - but there was some decent sized orders going through (which should be a real positive for the future).
HTG Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held
