News: MOZ Mosaic Brands Posts Operating Cash Inflows Of A$11.8 Million This Quarter, page-2

absolute BS!! creative acct at its WORST. only a muppet would believe this....

they shuffled lease costs and moved way more than usual under financing (conveniently stashed into an "other" category). They haven't paid the "normal" 1 (f) admin +corp costs, again.....but lets not disclose the balance sheet payables movements yet, look for the catch-up next quarter.....with a mere $4m left in ca$h, not long til this titanic sinks....

toughest quarter and ca$h sales FELL from $131m in FY23 to $105m this quarter (-20%drop!!) ouch


look at leases in financing costs (almost doubled FY23 Mar qtr!!)

look at FY23 leases hidden in financing activities:

they are deliberately misleading the market!!!

they have also deferred the admin costs:

this typically is over $20m per quarter, as they did in Qtr1 (and highlighted by me!!)
this is FY23 full year run rate:

thats $45m per quarter - yes, its dropped to about $23m per quarter per the Dec23 quarterly, so THEY ARE HIDING IT DELIBERATELY by not paying it!!!



This is a sinking ship.....DODGY. THEY NEED TO BE HELD TO ACCOUNT. this is deliberately misleading the market!!!

OPERATING INFLOWS MY DERRIERE!!! more like a massive black hole that will bite soon enough....

buyer beware!