CMP 0.00% 33.5¢ compumedics limited

At long last some clarification on current financial and...

  1. 826 Posts.
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    At long last some clarification on current financial and logistical matters that are highly relevant to Share Holders
    and SP.

    Early March /22 SP was 34c it is now halved to 17c.

    Well, hopefully, this announcement will instill some confidence in new or old investors.

    Few bits of Good news:

    • The Company expects operating cash flow to continue to be positive and currently has cash
    and unused banking facilities of about $9.2m, which together with its positive operating
    cash flow, are sufficient to meets its current and future financing needs, at this point in
    time

    • Sales orders taken for FY22 are expected to be at least $42m, which is at least 19% higher
    than the $35.3m achieved in FY21. Excluding the MEG sales order received in December
    2021, the underlying business will book at least $38m of sales orders for FY22, which will
    be at least 8% higher than FY21

    Based on this release SP can start retracing some of these loses
 
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