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figures to 30th june 2010, page-3

  1. 7,374 Posts.
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    I still keep looking at these very healthy financial trends.


    2010 2009

    Total Debt $516,717(Reduction) 616,242


    Cash $1,796,406 (Increase) 761,490


    Additional Revenue to come on stream.

    DataDot Technology Limited (ASX: DDT) is pleased to announce that its joint
    venture DataTraceDNA Pty. Ltd. (DataTrace P/L) has been selected by a world
    leading European pharmaceutical company to authenticate the entire production
    volume of one of its most successful drug products.
    A five year contract has now been signed by both parties. Final production testing is
    underway in Europe currently with full implementation expected before the end of
    2010.

    Fair Assumptions.

    1. Debt reduction should decrease due to funds have already been spent on manufacturing efficiencies.

    2. Cash will increase due to increased revenue from new deal.

    Result.

    SP increase.


 
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