Been working on a Projected / Estimated MARCH Quarter receipts...

Been working on a Projected / Estimated MARCH Quarter receipts scenario (appreciate some further comment & or figures)


- Nuheara Invoiced a Total Sum of $4.5 Million Dollars worth of IQbuds in Calendar Year 2017. (1^st Feb 2018 announcement)
- This works out to be a Net Average $270.24 Value of each IQbud either sold through Wholesale or off www.nuheara.com.
- From my workings out of Receipts declared in all 2017 Calendar Year quarters, along with Nuheara's declaration of the $4.5 Million in 'Invoiced' numbers, and then considering the difference between the $4.5 Million Invoiced and receipts presumably coming in for these in the Jan-March Quarter 2018, I calculate a Sum of $1,859,150 in Receipts for march Quarter due for Payment via Retailer's, plus additional 'Estimated' sales shown further below of $526,000, which makes a Grand 'Estimated' Total of $2,385,650 in Receipts for March Quarter.
- In any respect if there may be a few payment hiccups perhaps, I am in the opinion that receipts will come in at least over $2.0 Million as a worst case scenario, hence why I believe the Share Price is being supported at these Levels, and will continue to do so through until March Quarter release to Market.

On the basis of these figures, this would give us the following Estimations as a Percentage

• A March Quarter improvement from December Quarter, increase of approximately 180%
• A March Quarter 2018 improvement from corresponding March Quarter 2017 of 475%.

IMO we are now approaching Foster Stockbroking's targets provided in December 2016 and also Morningstar's more recent target. (Not that I ever go off Broker Reports / just a guide) https://www.nuheara.com/foster-stockbroking-initiates-research-coverage-nuheara/
NOTE - Foster stock broking had a Target of $19.9 Million in Sales in this current 2018 Financial Year, albeit we will not reach this Target this Financial Year, but all inicators are making a much faster approach to accomplishment.