Looks like my cash receipts estimate for the quarter of $1-1.5m will be pretty close. Dec qtr cash receipt to cash billing proportion was 55%. At that rate the cash customer receipts this quarter on $1.9m billings would be $1.045m. Though throw in a few 'upfront' school cash receipts (rather than paid thruout year) and we should hopefully have a higher proprtion than 55%.
Super impressed with how fast these guys are growing.
Cdchi1
FZO Price at posting:
55.0¢ Sentiment: Buy Disclosure: Held
