This quarter 2020

Now that we are 2/3 of the way through this quarter I thought to look at the Q4 2020 4C from July 2020.

CUSTOMER RECEIPTS - $3,060,000
OPERATING LOSS - $2,685,000

Receipts from customers for the year ending 31 December 2020 still expected to be A$15M

So, given that Q3 2021 Customer Receipts ($2,061,000) were less than Q3 2020 Customer Receipts ($2,191,000) it will be very interesting to find out how this Q4 is going. (I do note that in the last 4C they stated Group Revenues up 85% - I don't know how that can be if the Customer Receipts are lower??? Maybe they thought no-one would bother to go back and look at the 2020 Q3 4C?)

No announcements of new IoT labs which is unusual. No announcements of new dam contracts in China or other infrastructure deals. No Calendar Year guidance. No mention of how many people live in South America, or South Africa, or anywhere else.

Too busy raising capital I guess.

And we wait............ succeed or fail are the only possible outcomes.