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0.9¢ rectifier technologies ltd

Ann: Preliminary Final Report, page-66

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kipper57

7,218 Posts.

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31/08/23

13:46

Post #: 69663429
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Originally posted by Pete2019: ↑

The report is lacking in comments. So we have to read the numbers.
RFT mostly manufacturers goods to order. Meaning little risk of unsold inventory.
The gross margin on sales was close to 50%(revenue $39.4m and cost of sales $20.4m).
Inventory has ballooned by $12.6m to $18.4m.
If this was to follow the same margin as in FY23, then one can assume that if most of that will go into goods sold, then RFT has just about $36.8m of goods/stock to sell in the near future(it can't really be calculated like this, but just illustrating that inventory if managed properly would translate in a large amount of sales)
FY22 end had inventory "only" $5.8m and sales in FY23 were $39m. To me with the above it looks like sales into FY24 (at least the first half) will be very strong also, but you have to do your own guesswork and make up your own mind about this.

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What happened to the prototypes?
there were 2 20m orders is that the job done and dusted, they leave it all up to guess work, total lack of info going on here going forward

RFT Price at posting: 5.5¢ Sentiment: None Disclosure: Not Held
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Last 0.9¢		Change -0.002(18.2%)		Mkt cap ! $12.43M

Open	High	Low	Value	Volume
0.9¢	0.9¢	0.9¢	$3.992K	443.5K

Buyers (Bids)

No.	Vol.	Price($)
3	1333997	0.9¢

Sellers (Offers)

Price($)	Vol.	No.
1.0¢	8880100	2

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No.	Vol.	Price($)
3	1333997	0.009
6	846000	0.008
10	2232529	0.007
3	684501	0.006
3	482000	0.005

Price($)	Vol.	No.
0.010	8880100	2
0.011	5000000	1
0.012	2643620	5
0.013	1155500	3
0.014	110000	2

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