The IMOD contract was meant to be staggered and payed during FY20. However due to Covid this was pushed back to FY21. Therefore 2/3rds of the contract will be cash receipt this FY. So expect higher cash receipts in FY21 not inlcuding $8m in cash. This is not including potential for new data network pipeline deals with significant tier 1 clients around the globe. Margins are very high here.
The services division is what is driving AVA's revenue and cash which should offset FFT's lumpiness.
I do believe AVA Services may be divested this year and/or go through an acquisition to provide a focused leadership.
Cannacord Sets New AVA Target 38c, page-15
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $37.64M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $3.6K | 28K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 531613 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 209201 | 7 |
View Market Depth
| Last trade - 10.18am 16/05/2024 (20 minute delay) ? |
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Last
12.5¢ |
Change
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.5¢ | 30000 | ||
| Last updated 10.22am 16/05/2024 ? | |||||
| AVA (ASX) Chart |