SYT 0.00% 0.1¢ syntonic limited

I stopped the last post early, because the research I was doing...

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    I stopped the last post early, because the research I was doing while writing it was revealing stuff I hadn't thought of before ! and was going to detract from the point I was eventually going to be making.

    I'm also sorry to say that I've also found an error in Column 1, I've been using A$513,197 for a while instead of A$593,197 which has knock on effects with other numbers, which I've now adjusted.
    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
    1    Cash
    Received
       %
    Growth
    Quarter
       End
    Revenue
    Generated
       %
    Growth
    Services
    Revenue
    Sales
    Revenue
    Outstanding
    Amount
    2 A$140,000 ~ Sept 2016 n/a ~ ~ ~ ~
    3 A$18,000 ~ Dec 2016 n/a ~ A$ 26,723 A$106,020 ~
    4 A$0 ~ Mar 2017 A$281,087 ~ ~ ~ A$281,087
    5 A$593,197 ~ Jun 2017 A$432,309 34.98% ~ ~ A$120,199
    6 A$313,428 -47.16% Sept 2017 A$480,382 11.12% ~ ~ A$287,153
    7 A$449,446 43.40% Dec 2017 A$318,541 - 33.69% A$228,530 A$570,393 A$156,248
    8 A$314,500 -30.02% Mar 2018 A$531,778 66.94% ~ ~ A$373,526
    Please note the Services Revenue figures & Sales Revenue figures both come from Syntonic's half yearly reports. The cost of those sales were A$72,353 in July - Dec 2016 period & A$388,168 July - Dec 2017.

    There is no such breakdown of Sales/Services Revenue in the Annual report to 30th June 2017. It just lists revenue of A$846,139, which means that (A$846,139 - A$432,309 - A$281,087 = A$132,743) needs to be split between the 2 n/a's, with presumably a lot of that in the Sept quarter. The cost of sales for the year are A$395,315 so that means A$322,962 of them were in the second half of the year.

    I would also refer people to the March 2017 quarterly report published 26th April 2017 https://www.asx.com.au/asxpdf/20170426/pdf/43hqzpbzgfz7bm.pdf particularly the bit about the A$281,087 in the first paragraph, "with majority of cash to be received in the current quarter" in other words some of it is on terms longer than 90 Days.

    LOTM
    Last edited by Last of the Mohicans: 29/04/18
 
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