What are Nuheara (NUH) worth?, page-82

Batboy

The quarterly reports cash flows, so in the context of sales, monies received. It therefore would exclude any quarterly sales where they have not received payment. @ 31 Dec.

The half yearly provides revenues on the income statement and you get to see the receivables number on the balance sheet.

One point worth considering. The quarterly will reflect the Revenue from the previous quarter that was not paid at that time, assuming no payment terms over 90 days.

I personally believe that NUHEARA have deliberately played down the Revenue number in previous reports (aimed at keeping under the radar vs competition), but suspect with the Roadmap outlined for 2018, we may see a shift where they want to promote their level of success to fuel further buyer demand. Only time will tell.

Rokewa