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.
The IMOD contract was meant to be staggered and payed during...
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Last
12.8¢ |
Change
0.003(2.00%) |
Mkt cap ! $36.91M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.8¢ | 12.5¢ | $10.68K | 85.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 15 | 975281 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 13.0¢ | 372482 | 12 |
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| Last trade - 13.03pm 04/06/2024 (20 minute delay) ? |
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12.5¢ |
Change
0.003 ( 1.96 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.5¢ | 114193 | ||
| Last updated 14.55pm 04/06/2024 ? | |||||
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