SP1 0.00% $1.07 southern cross payments ltd

Ann: Market Update regarding Supply Chain Issues, page-2

  1. 496 Posts.
    lightbulb Created with Sketch. 22
    "B> Revenue Impact The Company’s revenues and cash flow will be impacted this quarter as a consequence of settlement funds being returned back up the supply chain, and settlement being deferred or via alternate (non company) channels. The resulting deferred cash flows and corresponding revenues will be recognised once settled, with a further USD$500k identified in third party (non KAB) suspense accounts. Consequently, the Company advises September quarter receipts will be down significantly from last quarter, with resultant cash receipts possibly as low as $1.2m. The Company is working to manually clear funds on a priority basis"

    is this in regard to the whole company cash reciepts?
 
watchlist Created with Sketch. Add SP1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.