The delivery of the initial part of the order, which is for 9,000 units, will take place in the fourth quarter of the fiscal year 2022 (4QFY2022). The remaining units will be shipped and invoiced in the first quarter of the fiscal year 2023 (1QFY2023).Since the launch, 115,225 ZOLEO devices have been ordered from Beam Communications. The interest of retail partners and distributors in the unique seamless global messaging device ZOLEO has been growing strong in recent times. The demand for the pocket-sized communicator is expected to further escalate with the ongoing reopening of the travel industry across the globe. Lets see what comes ahead with this stock.
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- Ann: Quarterly Update - Growth in Cash Flow and ZOLEO Subscribers
Ann: Quarterly Update - Growth in Cash Flow and ZOLEO Subscribers, page-32
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