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Ann: Trading Update, page-13

  1. burner_7
    293 Posts.
    lightbulb Created with Sketch. 126
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    31/08/18
    13:08
    Post #: 35326115
    Loose calcs:

    $245 rev per watch on 23,300 watches = $5,708,500
    app sub. on 25000 @ $3.61 p/m = approx. $1,000,000
    School messaging rev = $2,200,000

    FY19 revenue $8,900,000

    - Sales margin will reduce due to more B & M sales and not all app rev will be recognised in FY19
    - Based on announced production run sell out.

    Looks good!!

    IMO
    MWR Price at posting: $2.77 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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