Qtly out and as expected margins have been low and the net cash flow was negative 2.907m for the quarter. Expenses used to be circa $4.5m a quarter and have jumped to almost $7m for the quarter.
$4.122m cash receipts for sept qtr versus $3.748 in June. Circa 10% revenue growth despite 29% QoQ increase in turnover.... a disturbing outcome costs also rose over 50% with only a small number of one off expenses.
Assuming run rate and a pick up in Dec quarter I’d expect another cash flow neg quarter of at least $2m. A large betting house either needs to take an equity stake via a share placement to raise more funds otherwise you will see an equity raising before June 2018.
- Forums
- ASX - By Stock
- BET
- Qtly
Qtly
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BET (ASX) to my watchlist
|
|||||
Last
8.4¢ |
Change
-0.002(2.33%) |
Mkt cap ! $81.06M |
Open | High | Low | Value | Volume |
8.5¢ | 8.6¢ | 8.3¢ | $35.58K | 425.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 193817 | 8.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.5¢ | 48756 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 193817 | 0.084 |
1 | 95441 | 0.082 |
1 | 35304 | 0.081 |
4 | 122500 | 0.080 |
7 | 402120 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.085 | 48756 | 1 |
0.086 | 50000 | 1 |
0.087 | 417 | 1 |
0.088 | 103331 | 2 |
0.089 | 318888 | 1 |
Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
Featured News
BET (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online