Unless I am getting their terminology wrong I assume that the ‘customer collections’ is the cash collected from ‘customer billings’ (invoices). Ie follows behind billings and is not overall revenue.
Customer billings are forecast to drop from $1.7m last quarter to $900k this quarter.
So my guess is that customer collections will also drop a fair bit or possibly stays the same depending on timing of collections. (Unless their forecast is wrong)
FZO Price at posting:
45.5¢ Sentiment: None Disclosure: Not Held
