BUD: Where are we? January 2018, page-8

Always happy to elaborate!

We know that the team is looking to sell Ohms for an average of US$750/month (A$12k p.a). So from direct installs, we can expect on average $12,000 per Ohm per annum.

For the digicel deal, Digicel will only sell Ohms at US$1,500/month. I have therefore assumed the split is 50/50. You would hope this is the worse case scenario, and it is in fact more favorable to BUD. Accordingly, this also generates on average US$750/month or again, $12,000 per Ohm per annum.

For other deals (regions), it is currently unclear what the average revenue will be. It may be it is US$750 blend, split 50/50 meaning a lower A$6,000 per Ohm per annum revenue (lower revenue per unit obviously made up by economy of scale).

IMO Ohm is a money printing machine. Tiny capex, with high ongoing annuity, plus ability to scale massively.

I note four trading days until the Quarterly. Whilst revenue will not be significant, the updates provided by the team are always invaluable!