BDA 1.06% 46.5¢ bod australia limited

Ann: Quarterly Report and Appendix 4C, page-2

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  1. 1,096 Posts.
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    Just as expected, the growing revenues will show when figures for the current quarter are released:

    "....Further, Bod advises that it has already started to realise the increased efficiencies and revenue growth having received ~$161,000 of revenue commitments already in the current quarter through orders from key banner groups and long-term partners.
    Bod’s cash position remains strong with a cash balance of approximately $4,099,000 as at 31 March 2018.
    Management commentary: Bod Australia CEO Jo Patterson said: “While the Company is disappointed with the delay on the implementation of retail agreements, resulting in a decrease of revenue for the period, we are pleased that it is solely a phasing issue and will be realised during April, and throughout the rest of the current quarter, validating our product strategy and commitment to driving shareholder value.
    Further, we are extremely pleased with the significant progress the Company has made during the quarter and the foundations that have been built for substantial growth across the remainder of the financial year."

    Cash outflow for the current quarter estimated at $1.1 .....
 
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