3.5mLessR and D 1.6Limepay .2 = $1.7m add-back $400k (pro-rata...

  1. 17,308 Posts.
    lightbulb Created with Sketch. 970
    3.5m
    Less
    R and D 1.6
    Limepay .2

    = $1.7m
    add-back $400k (pro-rata the R and D)

    = $2.1m (A truer income) in my opinion

    Last Q was $1.9m
    so an increase in real terms of $200k for the quarter

    By my workings the company is still around $9-10m pa gross loss p.a on current figures;

    $18m total costs (inc interest charges) pa
    on call it $8.4m cash receipts

    $9m or 7500 Capricorn agent signups required at $99 mth

 
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