We're told $16m remains (post Q3). When the cash arrives will just mean counted in Q4 (probably part of that $68m expectation) or it'll fall into Q1 2024. They say next payment is due November. If as you say we could cash receipts when we deliver, then the entire $33m revenue falls into the 2023 reporting only.
We have to make a few assumptions with some of the figures quoted, as some are as at 20 Oct, while others are end Q3.
If it's $51m in backlog - great. We will need to get that confirmed to be as at 20 Oct as it's a substantial figure if it is $51m backlog as at 20 Oct.
Basically you have 2 views here
1. $51m backlog is at Q3. Therefore $8m will continue into FY24
2. $51m backlog is at 20 Oct. Therefore ~$20m will complete in Q4 with $31m our intial sales going into 2024.
Hope its the latter, but I think it's more logically the former. We've got some big ticket sale opportunities noted in this update. Hopefully we see a reverse trend with gradual increase in SP throughout to year end.
- Forums
- ASX - By Stock
- DRO
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-48
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRO (ASX) to my watchlist
|
|||||
Last
$1.40 |
Change
-0.090(6.04%) |
Mkt cap ! $1.067B |
Open | High | Low | Value | Volume |
$1.51 | $1.51 | $1.36 | $35.85M | 25.56M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 139470 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.41 | 14 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 27470 | 1.400 |
1 | 1101 | 1.395 |
4 | 38584 | 1.390 |
4 | 20414 | 1.385 |
9 | 17542 | 1.380 |
Price($) | Vol. | No. |
---|---|---|
1.410 | 14 | 1 |
1.420 | 114259 | 4 |
1.425 | 43587 | 3 |
1.430 | 24000 | 3 |
1.435 | 25215 | 5 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
DRO (ASX) Chart |