The US financial year is a calendar year.
In my line of work, any US business we deal with is desperate to book all budgeted work before December 31, hence probably why revenues get a boost in the December quarter.
The chart is range bound at the moment with some volume capping the low/high limits.
With Xenos's Kojent partner selling a large chunk I doubt they will want a large spike so soon after a large block sale.
Management have stated CY21 revenues of $59M-$60M, which suggests $19M for December. Anything above $20M will be a bonus.
Payments to supplier and employees was $19.1M for September, $17.5M in June and $18.2M in March.
If $20M revenue can be the baseline in 2022, then they have passed a significant hump.
MDR Charting, page-459
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Last
53.5¢ |
Change
-0.005(0.93%) |
Mkt cap ! $294.5M | |||
| Open | High | Low | Value | Volume |
| 53.5¢ | 53.5¢ | 51.5¢ | $116.4K | 220.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 60000 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.5¢ | 209 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MDR (ASX) Chart |