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The $2.8m is from the same customers from the equivalent quarter...

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elzephyrus

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13/02/18

20:17

Post #: 31031521
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Originally posted by 1ronnie ↑

If annualised revenue was $56m hence quarter is $14m, they reported $2.8m as revenue from existing customers what makes the difference? Why can't they say quarterly revenue was $14m ? And how do you reconcile against annual statutory revenue of $14m as just reported , it couldn't possibly jumped 4 fold in such a short period of time? I actually did that too ARPU x paying subscribers but the derived number is way off compared to the reported $14m. If cash revenues included prepayments as stated in annual report, then we should expect cash receipts to be > actual revenues.

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The $2.8m is from the same customers from the equivalent quarter one year ago, so plenty of growth since then (each quarter)..

BIG Price at posting: $1.78 Sentiment: Buy Disclosure: Held
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