I asked this.
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I was hoping you can help me understand the growing gap between Cash Receipts and Revenue as disclosed in the 4C quarterlies. Below figures are from the last 5 x 4C statements. Each quarter there is a gap between receipts and revenue, which is understandable depending on the payment terms.But the gap is growing and not getting closed out? Or am I not reading the 4C properly?I know there was a $4.5m difference between FY19-Q4 stated revenue in 4C and the 4E but that doesn’t wash through properly, unless underlying FY20-Q1 revenue was actually $9.7m (the remaining $4.5m being from the previous quarter?) If so can you confirm.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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