(1) Why is it that *every* quarter they say "cash receipts are down due to [excuse] but honest revenue is really up"?
Here's what they said for the September quarter:
> Cash collected for the June quarter was $9.0m, down 12% on Q4 FY23. This reflects timing ofthe receipts of certain annually billed contracts which are seasonally higher in Q2 and Q4each year, and a release of previously deferred revenue against service delivery in thequarter. Q2 FY24 cash receipts are expected to be above the $10.2m recorded in Q4 FY23.
Here's what they say this quarter:
> Cash collected for the June quarter was $8.8m, down 3% on Q1 FY24. This reflects the timingof customer receipts that were due to be received in December 23 but were received inearly January 24.
(Incidentally there seems to be some pretty sloppy copy-and-paste there, since every quarter seems to be the "June quarter".)
(2) Reduced cash burn is good -- but given the magnitude of the layoffs you'd expect that. I'm not sure you'd be so rosy about any other business with declining cash receipts and continued cash burn of $4m. Would you?
(3) Speaking of layoffs, a little birdie tells me that they laid off another 50 people this quarter. But they didn't seem to think that was worth mentioning?
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
(1) Why is it that *every* quarter they say "cash receipts are...
-
- There are more pages in this discussion • 69 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 DUB (ASX) to my watchlist
|
|||||
Last
4.1¢ |
Change
-0.002(3.53%) |
Mkt cap ! $37.73M |
Open | High | Low | Value | Volume |
4.1¢ | 4.1¢ | 4.1¢ | $7.833K | 191.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 785025 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 148676 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 785025 | 0.040 |
3 | 17712 | 0.039 |
1 | 50000 | 0.038 |
2 | 113264 | 0.037 |
4 | 374134 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 148676 | 2 |
0.044 | 79545 | 1 |
0.045 | 114915 | 2 |
0.046 | 300000 | 2 |
0.047 | 100249 | 4 |
Last trade - 15.46pm 30/07/2024 (20 minute delay) ? |
Featured News
DUB (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online