dodgy....
last years (Jun23 Full year):
note: (f) -$180m full year.....hmmmm.....look now....(run rate of $45m p/qtr):
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:
Prior year:
$42m less than PY (-20%)!!! and $73m less receipts from customers YTD (-21%)!!!
ouch - dodgy written all over it....!
dodgy....last years (Jun23 Full year):note: (f) -$180m full...
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