NOR 2.44% 4.0¢ norwood systems limited

Ann: World Phone Annualised Revenue at over $400,000, page-82

  1. 181 Posts.
    lightbulb Created with Sketch. 7
    Hi Webbj,
    I think that $400,000 / 12mths is exactly how they are calculating it. Also it the annoucement it stated

    "
    Revenue Annual Run Rate refers to the approximate Annual Revenues from World Phone that would be received, should the current weekly average revenue continue unchanged (along with similar Foreign Exchange Rates) for a full 12 month period. As World Phone has only been on sale since 31 July 2015, an annual figure for sales is not yet available. This metric is NOT a forecast of future revenues, but an illustration to assist investors in determining the significance of current run rate revenue figures."

    Hope this helps.

    Rgds,
    Desie101
 
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