Not sure where that 47% increase came from. Comparing the June 23 and June 24 quarterly I see in increase from $1.082m to $1.302m which is only 20% more. Maybe he meant cash losses for the year? That went from $1.23 up to $1.94 which was up 57%. So that's not it either. Maybe it was "advertising and marketing" (overseas junkets). Hmmmm, can't multiply zero dollars from 2023 by a percentage to get to nearly a $1/4m in 2024.
Sales receipts from the quarter June 23 compared to June quarter 24? Ah no, they decreased.
Nope, no idea where the 47% growth comes from.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
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