So they reported $115,378 to 31st Dec with Trade and Receivables showing $206,200 with Accounts Receivable $171,590 (monthly licence fees?) plus $125,000 deferred revenue for DaaS customers who pay in advance. So my basic figures show revenue of around $300K already for 2nd half of the year plus whatever they sign up.
Given their operating costs structure will remain relatively static landing just one North American 'marlin' should improve the outlook significantly.
Anyone can read a balance sheet better than me so I'd welcome any thoughts and look forward to Ian expanding on the Annual Contract Values as promised in the 4C.
3DP Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held
