TSXV:RHT.H - Post by User
Post by
theinvestor22on Nov 30, 2022 10:46pm
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Post# 35141836
A/R, part 2
A/R, part 2In terms of "trade and other receivables" (which is mostly SaaS, I would think), that balance sheet item went up by $978k from year end. Given that SaaS sales were $1,423k in fQ1, that would seem to indicate that Reliq is continuing to chip away at collections. My recollection is that they collected something material in each of the previous 3 quarters as well. So, the general argument that "Reliq can't collect" isn't valid. The argument that Reliq needs to focus strongly on collections, is probably a more appropriate one.