Tritium Supply Order Progress, page-4

@3500 Appreciate your response and effort in addressing my questions.

I asked:
1) If the first scenario is right, how can RFT possibly manufacture AUD $21,992,801 worth of stock to fill the order within four months (by the end of the 2022 calendar year) when they've only manufactured around AUD $6,000,000 in the seven months from when the order was placed?

You said: # The financial report is a snapshot at the end of June not when the report is released......So 6 months to fulfil the remaining Tritium contract.

^ If this is the case, which I believe you are correct, then instead of 4 months, they had 6 months, and instead of ~ 6 million stock on hand, they may have ~ 12 million in inventories (based on inventories being potentially worth double what they report in their ann) which could leave about 15-16 million of the order to be manufactured. Thank you.
This would indicate they are on track to fulfil the entire order if:
a) They ramp things up slightly (they need to create 15-16m worth of stock in 6 months since the end of June).
b) We assume that their entire revenue and inventories for the period were going towards the Tritium supply agreement.

I'm not sure I asked about working capital but a good point you make and good to see they have enough to supply the order.

Based on these assumptions (especially my note about RFT having AUD $8,206,547 of revenue in 1st half of the 2022 calendar year and assuming this is completely attributed to the Tritium order), this would mean we can assume that RFT, from the original AUD $27,870,680.00 have roughly AUD $19,664,133 worth of revenue which we will be expecting them to announce in half 2, 2022 calendar year (1st half of 2023 financial year).
This means they should report roughly 50% of that to be profit, and I'd expect them to report AUD 10,000,000 profit (taking on board some of the expenses in relation to this were reported in the ann just gone and therefore the previous FY) in the first half of FY 2023.


So:

31st December 2021 they reported 1st half revenue of AUD $6,554,976.00
31st December 2022 we'd expect them to report 1st half revenue of around AUD $19,664,133.00 ( which equals around + 200% revenue for the period year on year).

31st December 2021 they reported Total comprehensive income for the half-year attributable to the owners of
Rectifier Technologies Ltd of AUD $535,337.00 (around 8.16% of 1st half revenue).
Therefore, on 31st December 2022, we'd expect them to report Total comprehensive income for the half-year attributable to the owners of
Rectifier Technologies Ltd $1,604,593.00 (around 8.16% of expected 1st half revenue of around AUD $19,664,133.00).
** Note: this will be around + 200% profit for the period year on year).

Important to note that before the significant product order from Tritium was announced the share price was at around 4.2 cents per share on 04/02/2022.

Right now, the share price is around exactly that... yet all this potential upside as long as the order is filled?

So what's going on? Just market conditions?