RE:RE:RE:RE:Back to boasting about the backlog and PDAs
I estimate the backlog at the end of FY23 to be in the neighborhood of 13.3MM. My logic is as follows:
Start of FY backlog: 4.9MM
Add order intake for the FY: 27.3MM
Less Q1 revenue of 3.1MM
Less Q2 revenue of 4.2MM
Less Q3 revenue of 5.6MM
Equals 19.3MM in available orders to the end of the FY. Now pull out the Q4 revenue; I used 6MM which is mostly a guess, but it seems reasonable. 19.3MM less the 6MM and there you have it, 13.3 MM in backlog with a plus or minus of maybe half a million or so.