Ann: Appendix 4C - September 2015, page-2

Sales growth of 116% for the qtr with cash holding steady near $900k

can they turn SciDev into a cash cow is the big question @3500 you still around?


"SciDev achieved strong sales and profit growth during the quarter.
In comparison with the June quarter of 2015, sales increased by approximately 116%.
Assuming that sales are maintained at the same level as occurred during the quarter for the remainder of the 2015/16 financial year; sales would increase by 53% over the prior financial year.

The increase in sales and profit was accompanied by an associated increase in working capital. The sales growth during the quarter was a result of
: Increased sales to existing Australian customers;
 The acquisition of new Australian customers;
 Initial product sales to New Zealand as a result of the previously announced distribution agreement with Apex Environmental Ltd."