Hi @vintage. Have you noticed the discrepancy in the QTR3 report between the cash flow details (receipts of 1.96m YTD) and the figures stated in-text earlier in the report: "Year-to-date revenue of $2.89m, with $1.52m from China operations and $1.37m from Australia".
I don't have a business background so not sure how I'm meant to interpret those differences. A few days ago I made an estimation of FY 14/15 revenue approaching $4.5m based on the text figures.
Could you explain those differences for me? Thinking that perhaps the cash flow report is actual received and the in-text is an informal estimation of what is expected? Appreciate your thoughts...
Ann: SMA May Revenue Update, page-120
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