Ann: ZOLEO Officially Launches into UK and Europe, page-42

Despite all the macro doom & gloom, ZOLEO has achieved further ATH rankings this week:

Australia iOS: 107 (09 MAY)
Australia Android: 105 (13 MAY)

@Veecat You are correct. The rankings are approximations. They use crowd sourced data from other apps that opt in to share their download numbers, and in my experience are highly accurate.

While an app download doesn't 100% mean that someone has bought a ZOLEO device or activated a subscription, the fact is you can't use a ZOLEO device without downloading the app, so it should provide a strong indicator of new subscriber acquisition and current/future revenue.

It is also better than waiting for quarterlies, that are 4 months old by the time we get them.

The Australian download rankings numbers have been solid (and improving steadily) all quarter. They have barely dipped below #200 for both app stores.

As a point of reference, they only reached #200 on a few occasions last Q.

We are halfway through the current Q, and with each day that passes we are provided with further evidence of product market fit, and successful execution of Beam's GTM strategy in it's ZOLEO territories.