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Ann: Nuheara Q2 FY24 Business Update, page-120

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  1. 9,898 Posts.
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    There are other explanations too.
    You generally get 80% of sales from 20% of clients. Anyone who has been in business knows this. While it may not be an exact 80% and there is always variance it pretty much is the case nearly all the time.
    They will most likely get 80% of their sales from 20 % of the points of sale
    Walmart did not kick them out, they are part of 6 OTC offering that has been rolled out throughout their stores, however they nor the other vendors will get equal sales across all stores. The stores vary in location demographics. What a nonsense thing to say.
    Why would enyone focus an equal spend across all points of sale when that is not how sales occur.
    The half yearly will be out in a couple of weeks which is an acrual based accounting report so we will have a better idea on what is being invoiced and what that flow looks like.
    The last 4C tells nothing of invoicing as it is a cash based document and cannot factor any acrual earnings.
    At the end of the day they still need a commercialisation deal or deals, and they need it very soon.
 
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