BUD 0.00% 4.3¢ buddy technologies ltd

And Dave’s said many times that revenue lags sales by 6 months....

  1. 24 Posts.
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    And Dave’s said many times that revenue lags sales by 6 months. We’re so f*cked. 

    $500k revenue for December 4c. Dave said the two clients for multiple sites were expected to save that qtr. How Dave would we have seen the revenue in the same qtr they had been sold in? We still haven’t had an asx announcement that this Multisite  deal would require. Hence no deal and no chance of the revenue this qtr either. 

    6 months lag from sales to revenue means we have to make large sales now to generate the additional $12m needed to break even by end of CY2019. Let’s hear from a die hard Buddy lover how this is gonna happen. 
 
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