As VIV move from payment upfront to clients (including Origin...

First 3 Last

edshann

2,471 Posts.

733

20/07/18

07:48

Post #: 34465641

Originally posted by gregke ↑

I have been doing some researching.

Results from the quarters of 2016/2017

Column 1 Column 2

1 Q1 $1.5 mill

2 Q2 $1.7 mill

3 Q3 $0.6 mill

4 Q4 $1.0 mill

Total $4.8 mill.

Remembering this 2016/2017, however,the most significant information released was in the Q3 in which they announced that they already had $4.8 mill orders for 2018.

Results from the quarters of 2017/2018

Column 1 Column 2

1 Q1 $0.9 mill

2 Q2 $4.8 mill

3 Q3 $0.7 mill

4 Q4 due at the end of this month

Now Q1 and Q2 refer to the second half of 2017. So far in 2018 their receipts are only $0.7 mill. Interestingly the company announced in Q3 they had $8.6 mill in orders for 2018 as of the end of April. They have since signed a commercial deal with Origin energy.

These next 2 quarters should be rippers. Possibly this explains why there has not been a capital raise as they may be cash flow positive.

All my thoughts of course.

Expand

As VIV move from payment upfront to clients (including Origin ones) paying only out of savings they will need more working capital. That means borrowing, a capital raising or some form of financing from Origin.

Last edited by edshann: 20/07/18

VIV Price at posting: 5.7¢ Sentiment: Buy Disclosure: Held

1 Upvote

0 Great analysis

Top Stories

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Local bourse dips red as CBA profit takers swoop

RML

Resolution looks to 'strong historical data' as Horse Heaven search begins

SFM

Why is Santa Fe Minerals up 370% on Thursday?

GLF

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

Thursday's HotCopper trends: Vault Q4 miss, Peak raise | July 3

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

CCO

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

ASX Market Open: Oz shares dip back (very slightly) after Wed's record close | July 3

CBA

CBA down as BHP goes up – what's going on, and, will CBA stocks correct?

First 3 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

	Column 1	Column 2
1	Q1	$0.9 mill
2	Q2	$4.8 mill
3	Q3	$0.7 mill
4	Q4	due at the end of this month

As VIV move from payment upfront to clients (including Origin...

Top Stories

Trump chides Powell as Goldman call for calm. The RBA must be nervous

ASX Market Close: Local bourse dips red as CBA profit takers swoop

Resolution looks to 'strong historical data' as Horse Heaven search begins

Why is Santa Fe Minerals up 370% on Thursday?

Gemlife used the ASX's new IPO fast-track. Is this the start of a new cycle?

Thursday's HotCopper trends: Vault Q4 miss, Peak raise | July 3

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

The Calmer Co FY25 revenue hits $8 million, up 86% on FY24

ASX Market Open: Oz shares dip back (very slightly) after Wed's record close | July 3

CBA down as BHP goes up – what's going on, and, will CBA stocks correct?

Featured News