MOZ 0.00% 3.6¢ mosaic brands limited

Ann: MOZ-Activity Statement and Appendix 4C Q2FY24, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,778 Posts.
    lightbulb Created with Sketch. 1121
    dodgy....

    last years (Jun23 Full year):
    https://hotcopper.com.au/data/attachments/5920/5920996-033a974091322da092e7043848d11754.jpg

    note: (f) -$180m full year.....hmmmm.....look now....(run rate of $45m p/qtr):
    https://hotcopper.com.au/data/attachments/5921/5921001-86c9131020cf3aa4da43dda517e8bfd1.jpg

    only $1m in Qtr1 hmmmm...some very very dodgy accounting here.....movt in balance sheet payables will be a BIG issue....! $23m in qtr2 (funny that - probably the deferred Q1 catchup) but had this been properly "paid" then the cashflow would be ~-$24m WORSE!!

    now look at sales:
    https://hotcopper.com.au/data/attachments/5921/5921026-c61955af6204953856fa2eb9c6f0426f.jpg

    Prior year:
    https://hotcopper.com.au/data/attachments/5921/5921028-66381ef74b561927e3c1c1a01bc95004.jpg

    $42m less than PY (-20%)!!! and $73m less receipts from customers YTD (-21%)!!!

    ouch - dodgy written all over it....!


 
watchlist Created with Sketch. Add MOZ (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.