Must be nearly Bed-Time in New Zealand
Quote:
Originally Posted by
Baa_Baa
We will all be gasping for a breath of fresh air by then, so hopefully they can get their results up within a month or so of end-FY. Thanks for posting the rules though..
It was nearly two months at half year and I would expect similar for full year - few, if any, companies can get their results out in a month. You will just have to sit patiently ;).
Quote:
Originally Posted by
Baa_Baa
...So in this case the capital raised to-date in the FY end Mar'15 is currently around 1/4 of the previous year for a 280%+ (to Nov14) revenue gain.
Or am I still reading this sideways?...
Perhaps it might be best to disconnect the capital raising from the revenue, break that association.
The capital raising(s) are to bring more cash into the business to remain solvent (and legal) which is necessary for VML because in recent times payments have exceeded receipts.
Yes, so far this Financial Year they have raised a lot less than was necessary last year.
Revenue is up because they are winning more business.
Best Wishes
Paper Tiger