Play UBN for the 12 month return... this is a great story.
From statement:
Sales backlog defined as devices which have been contracted but not installed. In a majority of cases, initial payments have already been received. Due to late device deliveries, revenue will be recognised as devices are deployed.
This is the right accounting method IMO, and quality management.
Ann: Investor Presentation, page-4
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Add UBN (ASX) to my watchlist
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| 1 | 4865 | 44.0¢ |
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| Price($) | Vol. | No. |
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| 45.0¢ | 10000 | 1 |
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