NOR 2.08% 4.7¢ norwood systems limited

Ann: December Operational Update, page-5

  1. 142 Posts.
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    given your a non holder with the comments like that its a bit brutal for you to be stabbing NOR.

    and your praising a competitor in the news announcement timing for NOR, for yet a competitive share is suss posting.


    however besides the obvious NOR bashing trend here ill move to numbers.


    regarding the capital amounts,(fyi this is all IMO and all extracted facts from the announcements, personal experience and common sense.)


    the 1.1 million over 4 years from spark would be roughly 22916 per month without extras

    they could have gotten 6 months upfront which is  "137,000" this DEC  , but from the contract view this still adds an additional 20k per month ontop of existing incomes. and with mentioned monthy figures raises this to roughly 45 k (which has just practically just doubled its potential monthly income by your own amounts @japanfresh)


    the amount of A$170,000 if we remove the 137,000  from above, we still have 33000 of operational income.

    im not certain but the left overs wouldn't be coming from just the contact with WA tourism


    then revenue from users installing and purchasing credit from the app from the app store must be the next consideration as per the announcement.


    currently registered on the Google play store they have +1million users with the application downloaded and installed with a decent customer feedback rating and response to issues.

    https://play.google.com/store/apps/details?id=com.norwoodsystems.worldphone&hl=en_US


    this application is also listed on the apple store as well btw, not the greatest but its still listed.

    https://itunes.apple.com/au/app/world-phone/id956373738?mt=8


    both of the usage of the apps can become much much more in the future so watch the app stores download counts for market share impact.


    now if you take note of the Tier system within the app, the basic tier is 5.99 if you choose to use the extra features.


    not everyone will, you say, but lets work with an amount of 1/20 of these users may end up utilising the app, so (50,000 X 5.99 = "299,500")

    this can be a repeated purchase like mobile credit and this is low ball number you can re word this, lower stats but the numbers are starting to rev up and so in the revenue.

    given the app is relatively new on the stores listed Jan 17, 2018 and its past 1 million downloads im going to assume this is just the beginning for this app.

    given mobile credit is renewed and i see even more users coming on board id be happy to say and sit on a 5mill potential figure (potentially more given the above.)


    either way im happy with the current results and ive already had my orders filled.






 
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