JCS jcurve solutions ltd

Ann: Preliminary FY2016 Results and Business Update-JCS.AX, page-5

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    The concerted efforts by JCS management to improve debtor collection procedures in the June 2016 quarter has resulted in a reduction in the bad and doubtful debts provision and has improved the Companies debtor days. When combined with a record JCS sales month in June, the 30 June 2016 cash on hand balance increased to $2.4 million. The cash on hand balance reported excludes a term deposit held over the Company’s Chatswood office lease.
 
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