30-Sep-1831-Dec-1831-Mar-1930-Jun-1930-Sep-1931-Dec-191. Cash flows from operating activities
1.1 Receipts from customers 295,525 489,209 1,018,142 1,058,518 1,200,000 regression value1.2 Payments for
(a) research and development -213,580 21,433 -232,311 -181,752 -170,000 co forecast(b) product manufacturing and operating costs -341,393 -316,102 -127,602 -368,083 -210,000 co forecast(c) advertising and marketing -3,270 -189,247 -170,891 -231,821 -80,000 co forecast(d) leased assets - - ---- (e) staff costs -548,623 -597,808 -640,656 -728,645 -720,000 co forecast(f) administration and corporate costs -585,250 -495,517 -382,037 -427,507 -370,000 co forecast1.3 Dividends received (see note 3) ---- 1.4 Interest received 5,587 2,655 3,668 5,879 3,000 regression value1.5 Interest and other costs of finance paid - - ---- 1.6 Income taxes paid - - ---- 1.7 Government grants and tax incentives 401,826 -7,003 560,932 1.8 Other (provide details if material) 53,059 --- 1.9 Net cash from / (used in) operating activities -937,119 -1,085,377 -524,684 -312,479 -347,000
2. Cash flows from investing activities
2.1 Payments to acquire:
(a) property, plant and equipment -249,550 -221,100 -203,618 -176,541 -150,000 regression value(b) businesses (see item 10) - - ---- (c) investments - - ---- (d) intellectual property - - ---- (e) other non-current assets - - ---- 2.2 Proceeds from disposal of: ---- (a) property, plant and equipment - - ---- (b) businesses (see item 10) - - ---- (c) investments - - ---- (d) intellectual property - - ---- (e) other non-current assets - - ---- 2.3 Cash flows from loans to other entities - - ---- 2.4 Dividends received (see note 3) - - ---- 2.5 Other (provide details if material) - - ---- 2.6 Net cash from / (used in) investing activities -249,550 -221,100 -203,618 -176,541 -150,000
3. Cash flows from financing activities
3.1 Proceeds from issues of shares -1,696,900 1,299,696 -9,852,597 App3B3.2 Proceeds from issue of convertible notes - - ---- 3.3 Proceeds from exercise of share options ---- 3.4 Transaction costs related to issues of shares, convertible notes or options--6,534 -80,720 -5,060 -90,000 guess3.5 Proceeds from borrowings - - ---500,000 3.6 Repayment of borrowings - - -----500,000 why not3.7 Transaction costs related to loans and borrowings ----155,580 3.8 Dividends paid - - ---- 3.9 Other (provide details if material) - - ---- 3.10 Net cash from / (used in) financing activities -1,690,366 1,218,976 339,360 9,262,597
4. Net increase / (decrease) in cash and cash equivalents for the period
4.1 Cash and cash equivalents at beginning of quarter/year to date 2,054,300 855,428 1,229,499 1,728,282 1,561,961 4.2 Net cash from / (used in) operating activities (item 1.9 above) -937,119 -1,085,377 -524,684 -312,479 -347,000 4.3 Net cash from / (used in) investing activities (item 2.6 above) -249,550 -221,100 -203,618 -176,541 -150,000 4.4 Net cash from / (used in) financing activities (item 3.10 above) 0 1,690,366 1,218,976 339,360 9,262,597 4.5 Effect of movement in exchange rates on cash held -12,203 -9,818 8,109 -16,661 -10,000 4.6 Cash and cash equivalents at end of quarter 855,428 1,229,499 1,728,282 1,561,961 10,317,558
8,333,000 Ex options @22cents raised $292,967 25-Sep-19
1,331,670 Loan funded shares no CR 27-Sep-19
925,000 Loan funded shares no CR 4-Oct-19
350,000
Here is my questimate for the next.4C.I hope the amount of cash reflects need for production to meet new orders and not more marketing? Adjust with your estimate of quarter revenue. DYOR
DRO Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
(20min delay)
