VMT 7.69% 14.0¢ vmoto limited

Ann: Half Yearly Report and Accounts, page-33

  1. 454 Posts.
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    Im pretty happy with 30% YoY growth especially when you consider the cash spend to achieve this (its not much, we are making good profits). It could be greater if they spent more. Also, we are selling the majority of units into Europe currently, once we enter the larger markets of India, USA and Middle East we can expect growth to accelerate.

    IMO VMT should be spending more on marketing/advertising and executing a more aggressive entry into these markets (maybe they are planning this already). These countries is where our major oppurtunity is, Europe was the test case and to me its been a big success. Time to repeat it.

 
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