Hi GrantNo need for such complicated analysis. Lets sayCash...

Hi Grant

No need for such complicated analysis. Lets say

Cash received =

June revenue = US655
July revenue = US 766 (av of 2.3m/3mths)
Aug revenue = US 766 (av of 2.3m/3mths)

Total cash received = US2187/.54 = AUD 4,4050m

Operating expenses

Last quarter net operating expenses = AUD 3,717m

Need to now pull out cost of sales for Apr to Jun qtr say 70% of 1,805 = AUD 1,263m and now add cost of sales for July to Sept qtr = 70% of 4,050 = AUD2,835.

Hence we have

Cash receipts 4,050
Operating costs (3,717)
add Cost of Sale last qtr 1,263
Less cost of sale Curr qtr (2,835)

Extra costs (est) (1,000)

Net operating outlows (2,239)

Hence I would say oooahhh99 is closer to the mark i.e 4.8mill at start less 2.2m = 2.6m. Say 500k cap expenses leaves 2.1mill.

Will be interesting to see actual result. The above is rough estimate only. However, October revenues do look exiting.