1TT 25.0% 0.2¢ thrive tribe technologies limited

So quick recap in the lead up to this weeks quartely report. Sep...

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    So quick recap in the lead up to this weeks quartely report.

    Sep Q we had billed $119k to clients but only had cash receipts for $38k (this the market didn't like). Assuming the 750% increase in billings can not be repeated again (given july quarter was tiny hence the larger % increase) we would still want a substantial jump in both billings and actual cash receipts. It would be dissapointing if the cash receipts don't get up substantially in the quarter as the market will be keeping an eye on this more than anything else. Those new terms vs cc billings can unfortunately delay cash receipts even if billings are currently higher.

    I do think billings and run rate will no doubt be much better given the progress we have witnessed over the last few months.

    Also hoping for a more spruiced up and theatrical quarterly (vs the last one), similar in style to what 1PG would release. Both companies are with NWR so they may just turn it up a bit for us as well given the reception of the last report.
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