Here's the unbiased charts associated with last quarter if your having trouble working it out jasmine, all shareholders know the extra spending from last quarter was due to the massive Alexicool growth we're experiencing which will relate to even bigger revenue streams this quarter, with more than $2 million per month in recurring revenue and CFN in the next month or two, this is a great buying opportunity.
The charts are unbiased because they come from factual figures.
T7's charts!
Updated charts of quarterly cash flow parameters for AJX are given below. The rapid growth that they demonstrate is just as obvious as for the previous quarter, although whether the latest increases could justifiably be described as ‘unprecedented’ is open to opinion. They do certainly represent record highs.
As described in the report and in earlier communications, the cost effect of the Company’s investment in inventory raw materials in order to meet customer demand is seen in the latest data. This is most obvious in the expansion of working capital, the major component of which is the ‘
product manufacturing and operating costs’ item.
The average rates of exponential growth in both cash inflows and outflows are little changed, with the rate for receipts running at more than double that of cash-based costs (which is comforting). Their respective trendlines now cross early in the current quarter, which would align with the Company’s confirmed expectation of reaching a Cash Neutral Position in this 2Q17. This timing is reinforced by a plot of the inflow/outflow ratios.
The trend rate of quarter-on-quarter growth for cash receipts over the last 13 quarters averages 50.7% compounding, which equates to annualised growth of 515%. The reported year to date increase of 682% compared with the previous relevant 12-month period reflects this level of rapid growth.
A discrete figure for quarterly revenue is not given, although it is stated that this “
grew 425% over the same period in the prior year”. My estimate (shown on chart below) is that the relevant revenue figure for 1Q16 was $2.38M, so an increase by a factor of 425% would mean 1Q17 revenue was $10.1M as shown (or $12.5M if this was an absolute increase). Around $6M of this amount would have derived from Recurring Revenue.
New Technology Development shows the business remains a mix of both research and commercialisation, which bodes well for expansion into both current and new markets. Onward and upwards.
Cheers
T7
What massive growth we're experiencing, with our margins rapidly rising for a company still inside our first year of receiving any decent revenue, this is really looking like a conglomerate chemical company in the making!
Cheers.
(20min delay)