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Ann: Quarterly Activities and Cashflow Report, page-57

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banksy808

4,125 Posts.

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25/01/19

15:15

Post #: 37226543
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Originally posted by Awoonga: ↑

It's only the SYT's cash in hand that is holding the share price growth back now.

In hindsight, SYT should have grabbed more cash when the share price was higher.

Revenue and cash receipts are growing at the same rate (90% and 88%). Costs are growing at 44% for the last quarter and are predicted to reduce next quarter.

Will we run out of cash again and need another CR?

Depends on whether SYT's forecast cash outflows for next quarter ($2.2 million) can be held. Previous quarter forecast cash outflows of $2 million and we ended up with $2.6 million. Not a close result. But as SYT reported, some of this was because of the carried over acquisition costs of $187,000, increased media expenditure etc

If we can get the same % increase in cash receipts and % increase in revenue and costs hold as forecast at $2.2 million next quarter we get,

Revenue: $3.6 million
Cash Receipts: $2.1 Million
Cash Outflows: $2.2 million

The above is the holy grail, IMO. But based purely on the reported figures, it is achievable. The probability is the only thing that is debatable.

Expand

Revenue: $3.6 million

that is one almighty assumption

good luck

SYT Price at posting: 0.8¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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