ELS 1.16% 42.5¢ elsight limited

I think it also worth mentioning that a 4c is a quarterly report...

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  1. 754 Posts.
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    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 .



    https://hotcopper.com.au/data/attachments/6353/6353334-75e070fc80c47f025e1fc27ab70a934b.jpg

 
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