I had emailed both Paul's (CFO and CEO). this was the reply from PH regarding metrics used in 4c. (PR CFO response I posted in the game stop thread.)
PH said that the ASX is hard to deal with and they were always dealing with different staff with differing opinions regarding reporting of cashflow. he stated that they were told to use such wording by Asx staff.
I wrote back clarifying why the asx wouldn't let them use revenue and his reply:
"The 4c is strictly a cash report, not revenue , we will be releasing revenues in 2 weeks or so with the 6 monthly audited accounts , our business is hard to judge quarterly , we receive orders , cash , deposits etc. but can only recognise revenue when we ship the finished goods to the customer , often this is in the next quarter."
Hope this helps.
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