RE: Market5 Sep 2024 14:17
Ian, I’m taking year end to mean 30th June end of financial year. It would fit with everything else within this statement:
“ The Board of CAP-XX Limited, a world leader in the design and manufacture of thin, prismatic supercapacitors and energy management systems, announces an unaudited trading update in respect of the financial year ended 30 June 2024 ("FY2024").
· Revenue is expected to be A$4.6m up 26.7% versus the prior financial year
· Backlog at the end of June 2024 was USD 1.12m
· Book/bill ratio of 1.07 as at 30 June 2024
· R&D tax credit of approximately A$1.25m is estimated to be received in November 2024
· Year-end cash reserves were A$2.0m
· The Company is debt free”