TSXV:RHT.H - Post by User
Comment by
mingzhuon May 30, 2022 10:12pm
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Post# 34718803
RE:RE:RE:Q3
RE:RE:RE:Q3higher rate charged for longer period like a bank interest charge . it is great for long term. Say RHT sold 1m devices, the monthly interest charge is substantials.RHT is very much like a shadow bank "The Company charges a higher price for devices that are paid for through payment plans and therefore generates higher margin revenue for these devices".
lscfa wrote: Accounts receivable. Last Qtr they said hardware was on a 12 month pay plan. Now it's 12 to 24 months. Is Reliq a charity or a biz?
| | Revenue | A/R | Change in A/R |
| Mar 22 | 2,515,013 | 7,409,695 | 1,753,473 |
| Dec21 | 2,140,124 | 5,656,222 | 1,744,015 |
| Sep21 | 1,608,168 | 3,912,207 | 1,750,727 |
| Jun21 | 415,561 | 2,161,480 | 449,458 |
| Mar21 | 441,985 | 1,712,022 | 402,034 |
| Dec20 | 417,814 | 1,309,988 | 197,920 |
| Sep20 | 200,902 | 1,112,068 | 82,134 |
| Jun 20 | -129,531 | 1,029,934 | 36,462 |
| Mar 20 | 457,077 | 993,472 | 224,162 |