MDR 15.6% 37.0¢ medadvisor limited

The US financial year is a calendar year. In my line of work,...

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    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.
 
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