wilzy123
Founding Member
Uh.... sales activity and sales are not the same thing.....sales activity when the sales
Uh.... sales activity and sales are not the same thing.....sales activity when the sales
I guess it depends where exactly in the sales pipeline this activity is taking place?Obviously its not yet done deals but that doesnt mean no progress is being made in the background.Absolutely. I don’t understand how you can say you’re seeing the greatest amount of sales activity when the sales are non existent
The $3.4m accounts receivables in the half yearlys had terms of under 90 days which should mean receipts collected for this quarter.
If all we can do is watch the financials we must be able to also trust the financials and this if I’m being honest has me concerned
Sales activity = $$$$ anything outside of that you can file under “engagement”.
If you say so...............................................................................................................................................................................................................................Sales activity = $$$$ anything outside of that you can file under “engagement”.
Megachips reports annually 31 March and half yearly on 30 September. Some big public companies always hold onto their cash prior to year end and half year no matter what.Below is straight out of the half yearly report.
Trade and other receivables is $3.5M. The note confirms the breakdown.
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View attachment 20309
I understood the Megachips licensing fee to be an accrual. If it's included in the above $2.5M debtors then I'd consider it to have been invoiced and so given it hasn't been received in the September cash flow, should show up in December.
Sales =$$$Sales activity = $$$$ anything outside of that you can file under “engagement”.
TIf they have "recognised" the income then regulations require that the company has a reasonable expectation of collecting the amount recognised - its just a matter of when. I did warn 3 months or so ago that shareholders should acquaint themselves with the difference between revenue recognised and cash collected.
That said, I was in the software business for a large part of my working life and have seen all manner of licensing conditions, including some that were, for want of a better term, vapourware. One of the difficulties with having a "pull through" licensing model (i.e. one where the immediate customer is not necessarilly the one making saleable products from the technology) is that you are reliant on your immediate client (eg. Megachips) signing up their clients to conditions that are favourable to you. It is doubly difficult when the technology being licensed is brand new and unproven in the general marketplace..................
There is no doubt that BRN's IP has been de-risked by being incorporated in some astonishingly good projects (eg, NASA, Mercedes and Prophesee) but it is clearly going to take more time for that to trickle down to incorporation in large scale deployments (i.e. very profitable and cash flow positive). If you are a believer then you are going to have to exercise patience, no matter how difficult that may be.
FWIW and DYOR
As long as it is a Henske you will get through thisMe 'n the 4C
First this....
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Then this....
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Followed by this...
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PS: please drink wresponsibly.
Ask @BaconLover he's the resident OnlyFans expert here!If a down night on Wall St and they decide to give it a good push down, maybe a good buying op.
Already raided the bloody couch!!!
Much of a market on Onlyfans for wrinkled ball sacks?
Asking for a friend...........![]()
She's just like a penguin in bondage, boy...Well done . I have had them on my watch list since you mentioned them a couple of months ago . 20% increase just today bodes well for BRN when it pulls its head out of the sand .
Hi @SERA2g and all,Below is straight out of the half yearly report.
Trade and other receivables is $3.5M. The note confirms the breakdown.
View attachment 20310
View attachment 20309
I understood the Megachips licensing fee to be an accrual. If it's included in the above $2.5M debtors then I'd consider it to have been invoiced and so given it hasn't been received in the September cash flow, should show up in December.
Hi
Based on the Adam's report there will be a motion for an Asic Inquiry put before parliament at 11am Thur.(today)
In this video description (posted last night) there is a list of senators that may need a nudge to vote yes for an Asic Inquiry.
DITTOI've almost bought all the way down to my first purchaseand I'll stubbornly carry on
I did!