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1.7¢ ecs botanics holdings ltd

I should also probably call out that since they will capture...

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wasko

1,897 Posts.

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20/02/24

20:31

Post #: 72505454
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Originally posted by wasko: ↑

So I did a quick table on the below yields and Nan's statement in the webinar about selling on average for $5.50 per gram and this is what it comes to:

Now you're probably thinking what I did when I saw this, FY23 revenue was $15.6m not $23.1m. My answer to that is it's most likely the lag associated with inventory turning into revenue. Revenue is recorded at the time of receipt by the customer whilst I'm guessing the weighing happens after harvest/drying is complete. You can see that they started FY24 with $8m in inventory which happens to almost match the difference between $23.1m and $15.6m exactly.

Oh Nan, you've just gone and let the cat out of the bag.

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I should also probably call out that since they will capture more revenue per gram from their B2C products and organic certification that their average revenue per gram should increase. The amount it increases depends on the sales volumes.

ECS Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 1.7¢		Change 0.001(6.25%)		Mkt cap ! $21.90M

Open	High	Low	Value	Volume
1.6¢	1.7¢	1.5¢	$41.70K	2.631M

Buyers (Bids)

No.	Vol.	Price($)
2	561997	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	88306	1

View Market Depth

No.	Vol.	Price($)
2	561997	0.016
18	3816877	0.015
11	1996275	0.014
5	1678461	0.013
5	1709000	0.012

Price($)	Vol.	No.
0.017	88306	1
0.018	2250000	3
0.019	378445	3
0.020	837998	6
0.021	620000	2

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