VMT 4.17% 11.5¢ vmoto limited

Interesting to see strong first quarter sales.The chart below is...

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  1. VYR
    4,695 Posts.
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    Interesting to see strong first quarter sales.

    The chart below is a bit deceiving because it indicates that 1Q 2020 falls short of 1Q 2019.

    1Q 19 was a bit inflated due to delays getting the international approval for the CUX model which delayed some of the first big batch of orders which were pushed forward from 4Q2018 to 1Q 2019

    Pulling that Q1 grey line back down makes the yellow line look brilliant given Covid 19.

    The big growth number in this report is of course forward orders.

    Have a close look at those numbers.

    Forward orders 31/03/19 2292

    Forward orders 31/03/20 7245

    Thats 216 % up, which is a massive improvement.

    We are producing positive cash flow and are now loaded with cash to promote growth.

    Goota I hope your seeing this strong signal.



    https://hotcopper.com.au/data/attachments/2164/2164396-45d4c760945bd94903568379b0071a8a.jpg



    https://hotcopper.com.au/data/attachments/2164/2164402-5ae8d37506108a0de3a4d90ce8c4ae94.jpg

    https://hotcopper.com.au/data/attachments/2164/2164409-a34496ee118307ace7339bb892b7c720.jpg

    https://hotcopper.com.au/data/attachments/2164/2164403-57b2c35bbd79457078fbb25c1f4636a5.jpg


 
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