Its due to the shift in focus this financial year in structuring the contracts to be more "recurring revenue" focused rather than having the contracts paid in full upfront. SaaS model.
Sorts out cash flow and levels out the revenue spikes quarter to quarter.
Just add on the recurring revenue thats been contracted in and your chart will tell a very different story.
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Last
11.0¢ |
Change
0.010(10.0%) |
Mkt cap ! $147.7M | |||
| Open | High | Low | Value | Volume |
| 10.3¢ | 11.0¢ | 10.0¢ | $27.26K | 263.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 1116616 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1779601 | 25 |
View Market Depth
| Last trade - 16.10pm 01/07/2025 (20 minute delay) ? |
| ALC (ASX) Chart |