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1.8¢ ecs botanics holdings ltd

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

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wasko

1,872 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 1.8¢		Change 0.000(0.00%)		Mkt cap ! $23.19M

Open	High	Low	Value	Volume
1.8¢	1.8¢	1.8¢	$1.125K	62.5K

Buyers (Bids)

No.	Vol.	Price($)
5	337115	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	682023	6

View Market Depth

No.	Vol.	Price($)
5	337115	0.018
9	2408064	0.017
14	1730567	0.016
11	907028	0.015
3	993628	0.014

Price($)	Vol.	No.
0.019	682023	6
0.020	1494976	10
0.021	1086508	4
0.022	893100	5
0.023	1347272	4

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