I also noted that the update released in May indicated a higher number of international orders as at 31st March 2020 than in the recent update on 27th October 2020. I contacted Vmoto investor relations to question this. The following is the response I received from investor relations.
Hi, in response to your query,
The number quoted in the May update is skewed and includes orders that were received in the previous quarter but were not actioned due to the COVID related delays.
The number quoted in the most recent update is correct and organic, and as a stripped out number is the highest to date.
Ann: Market Update, page-101
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