I think it also worth mentioning that a 4c is a quarterly report based on accounting standards agreed by the ASX . It shows the cash receipts and not actual sales . In terms of sale as Yoav mentioned yesterday in the webinar , the larger military sales now have a long lead time verses the purchases as mentioned by TLVcalling that were required immediately . Those large clients (defense) have a long lead time now and that means slower cash receipts . They would all have longer pay terms.
Cash receipts verses revenue different concepts ...
From the activity repots yesterday ,
Although Q2/24 revenue was lower than the previous quarter (Q1/24), it was 42% higher than Q2/23 the
same corresponding period.
Q/23 $332k USD so Q2/24 $478k usd ... I look forward to wha is to come for the next few quarters .
Ann: Quarterly Activity Report and Appendix 4C, page-4
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