The operating cost you accounted for is no doubt correct. But you assumption about the revenue is really ridiculous, to be honest. Just an easy search will show that in the last quarter, the cash receipt is 12 million, while in the June Quarter in 2022 the cash receipt is 14 million. As your logic goes further, why you pick this 6-7 million to extrapolate the ongoing cash receipts?
The seasoning and timimg effect is always there. I don't think that is a good way to simplify your extrapolation in such way.
Ann: Q2 FY23 Quarterly Activities Report and Appendix 4C, page-27
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