AR9 has made it to 20c, and held there for a week, but we shall see if that lasts. Volume of late has been low.
All is good.Quarterly out, and a retrace to 19c ; was aspiring to 23.5c earlier in the week.
- 60% or $7.5M expected minimum revenue growth ($4.65M prior)
- Cash receipts expected to be a minimum of $9.5M
- Monthly cash burn expected to halve in FY23 from prior year ($880k decreasing)
Dear Lord Garpal of Ross-side,This little piglet has bounced 10% today on a massive $68,000 worth of trade.
The only announcement of note recently is a $430,000 "award" from the Dept of Health to assist in keeping their systems secure for 9 months.
Is @Dona Ferentes still a free carrier?
Akin to the Aedes of Marsh, there are many of AR9's ilk about, vectoring about.Dear Lord Garpal of Ross-side,
Aspiring to have both direction (upwards) and magnitude (170K), I prefer to think of myself as a vector rather than carrier.
Woof woof.Now the question that needs to be asked: is it all worth it, getting involved with the bureaucracy?
archTIS has been contracted through KPMG Technologies to identify and manage risk processes, oversee the QA of architecture and design governance, and support the architecture design, governance and security accreditation process required to implement a secure data-centric architecture as part of the OneDefence Data Program.
This award is for the first Work Order for Tranche 1 of 1DDP Program for Provision of Design Authority coordination services and support. The total contract value is A$230,043 (incl-GST). The contract term runs until 16 December 2022.
Six weeks of work. A non Market Sensitive Announcement.
Yup. Can't help myself. Aedes of Marsh notwithstanding. (been stung before)I think it'll be my March comp tip.
If it helps I'll buy the board and executives some suits from Lowes for the next Presentation, but only if it is tax deductible for me and I get a heads up on when it is next bound for 40c +Yup. Can't help myself. Aedes of Marsh notwithstanding. (been stung before)
AR9 has promised, pretty please, to get the house in order. Closed at 10c, so not everyone is convinced. There is cash enough to last until the glorious announcements flow.
Going concern
The Group incurred a loss after tax of $4,642,476 (31 December 2021: $5,948,629) and had net operating cash outflows of $1,614,585 (31 December 2021: $4,807,348). A cash flow forecast has been prepared which indicates that the group has sufficient cash to meet its debts as and when they fall due and payable.
The directors believe it is reasonably foreseeable that the Group will continue as a going concern and that it is appropriate to adopt the going concern basis in the preparation of the financial report after consideration of the following factors:
• The Group is currently exploring sales opportunities with various potential customers across the Government and Private sectors;
• Following a successful capital raising in December 2022 of $2.2 million and the arrangement of short-term debt facilities of $1.5 million, the Group has available cash as at 31 December 2022 of $6.8 million; and,
• if necessary, the Company will consider additional capital raising activities through the issue of new share capital.
touch 'n go, though.
They may have to investigate hiring a tux!Have the Board and Executives bought suits and ties for photo ops yet ...?
That's the problem.They may have to investigate hiring a tux!
ArchTIS today announced it is a Compliance & Privacy Trailblazer award finalist in the Microsoft Security Excellence Awards*. The company was honored among a global field of industry leaders that demonstrated success across the security landscape during the past 12 months.
*there are 11 award categories honoring partner trailblazers, solution innovators, customer and technology champions, and changemakers.
From AFRAR9 had always claimed a "strong relationship" with Thales, but not so sure now...
"We welcome the Bank of Finland as the newest NC Protect and NC Encrypt customer. Organisations, particularly across Europe, are increasingly looking for independent encryption key management for their Microsoft 365 applications and SharePoint on-premises environments to maintain digital sovereignty and add data-centric protection to combat insider threats. This is the driving requirement for both Bank of Finland and DHL, as well as other current opportunities in international markets.”
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