Some people here also seem to think that the February 30 day...

Some people here also seem to think that the February 30 day missing cash received figure is the difference between the revenue number posted & the cash received one, its not & it can't be because they are not the same thing. They do not cover the same time periods.

I will have to differ with the above statement Moh:

Direct from 4C, which clearly states that the Feb invoices were not recived and will be reported in June quarter.

The difference between reported receipts of $314,500.oo and reported revenue of $531,778.oo is
$217,278.00.

(Outstanding invoiced amounts from previous quarters become receipts for this quarter, which make up the total receipts for the quarter)

Syntonic’s cash receipts from operations were A$314,500 for the March 2018 quarter. The cash receipt discrepancy compared to reported revenue was a result of the

February Net 30 payments being due on a public holiday, 30 March 2018.

The February accounts receivable were subsequently received and will be reported in the June 2018 Appendix 4C.

Record Quarterly Revenue Recognition

Syntonic continues to execute on its commercial pipeline, realising a record
quarterly unaudited revenue of A$531,778, an 89.2% increase from the same period last fiscal year. This record growth is principally attributable to accelerated activations of the Freeway SDK on Verizon enabled smartphones.