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Finalisation of the acquisition of Zenvia and associated staff...

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Art V Andalay

1,234 Posts.

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24/01/19

16:06

Post #: 37214441
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Originally posted by Awoonga: ↑

Costs increased by $840,000 from $1,766,000 to $2,606,000.
Cash Receipts increased by $526,000 from $594,000 to $1,120,000.

From the above, costs increased more than the cash receipts. However, the revenue increase of $886,000 outstripped the increase in costs.

Next quarter costs are forecast at $2,190,000.

If cash receipts can increase next quarter by the same amount as the increase this quarter and we have a forecast cash receipts of $1,120,000 + $594,000 = $1,646,000.

Forecast costs - forecast cash receipts = -$544,000. We start the quarter with $2,483,000 in the bank and we are only looking at a net loss of $544,000 for the quarter which $942,000 less than this quarter. Provided that the forecast cash receipts and costs are close then we have a vastly improved financial position next quarter.

Looking a lot more healthy. IMO.

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Finalisation of the acquisition of Zenvia and associated staff costs would account for this increase in costs I would assume Awoonga.......we now have a leaner Syntonic Brasil ramping up revenue as a complete platform and realised revenue from Smart Roamfree to look forward to in the next 4C.

George is extremely excited by this 4C and I will looking to add more in the coming weeks

Anyone keen for hockey???

Art V (Lord of the idiots)

Last edited by Art V Andalay: 24/01/19

SYT Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
27 Upvote

0 Great analysis

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