Hm..i actually disagree with the lumpy income you may have thought Mdiddy but looking into the past few reports, the revenue did look lumpy to me. Hey its how I read it. Half year 30/06/2021 revenues reported only 767k. The final year 31/12/2021 revenues reported 1.5m. Half year 30/06/2022 revenues reported 4.8m. Lets take a look at the cash receipts for CY2022. Qtr 1 cash receipted for 205k. Qtr 2 2022 cash receipted for 1.2m. Qtr 3 2022 cash receipted for 118k.
Revenues increases overtime but cash receipts lumpy.
We will see if cash receipts in qtr 4 2022 are larger or not in due course and if further significant revenue kicks in.
not financial advice.
Hm..i actually disagree with the lumpy income you may have...
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