We're slowly approaching the end of financial year. Judging from previous quarterly reports I would say this year's report will show the following
- Around $2.6 mil net loss for the FY. That's an improvement from last year's report which was $3.7 mil however $1.3 mil was due to corporate restructure. This year's numbers will not include it. Looking from that perspective the loss is actually bigger than last year.
- Around $300k cash on hand vs. $1.7 mil after 30 June 2017
- Around $240k in revenue (coming from cash receipts) vs. $175k the year before. 37% YOY growth.
Last year's report for your comparison
http://www.ccp-technologies.com/wp-content/uploads/2017/08/CCP-Annual-Report-June-2017-Final.pdf
Last quarterly update here
https://www.asx.com.au/asxpdf/20180430/pdf/43tlm53d37l1l8.pdf
What do you think will be the reaction of the market to this news?
We're slowly approaching the end of financial year. Judging from...
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