News: RVS Revasum Sees 2023 Revenue In Range Of $17 Mln To $20 Mln, page-2

@Quiltman,

I just when back and had a look at the last 4c. The cash receipts of $11.188m from revenues of $14.23m.
Resulting in $2.812m in outstanding from Customers.

Further, Q3 guidance was $4m-$4.5m and came in at $4.69m.
To get to today FY number the Q4 revenue number will be $2.77m to $5.74m.
Based on the last two guidance provided by this management team, I would suggest the Q4 number will exceed the upper end by a small margin.

Add to this some collections from outstanding customers and a further expected run down on inventory and cost improvements, the cash balalnce should look very constructive leading into FY 24.

What does your maths suggest?