Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-12

@ writer - morning!!

Agree with most of the comments here - this 4C was certainly a step in the right direction for HTG with cash receipts a bit over $4m for the quarter.

Should set them up nicely for an exciting 21/22 financial year.

However, it is quite hard to compute exactly what the cashflow implications will be by looking at the statement that you have underlined & bolded in your post?

Especially as the last HTG quarterly also said:

"At the end of the quarter (April to June 2021), $5.8M in revenue was either owing or yet to be invoiced".

So this "revenue owing or yet to be invoiced" figure actually dropped by around $892k by the end of the quarter just gone (30/9/21).

Now obviously cash receipts is quite different to revenue, but I probably would have liked to have seen this "revenue owing or yet to be invoiced" figure increasing (not decreasing).

Anyways, nice solid report - and hopefully this is just the tip of the iceberg for this company