IOT 0.00% 0.1¢ iot group limited

Ann: 2016 Financial Report, page-78

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  1. 17,248 Posts.
    lightbulb Created with Sketch. 955
    Year ended 31 December 2016

    Internet of Things (IOT)

    $ Revenue 95,561
    Segment net profit/ (loss) before tax (13,675,791)

    $95,000 revenue (so they sold around 150-200 Roam-e) before having to refund the lot.
    200 people actually bought one of those things, far out!

    I thought their anticipated pre sales were 400,000?
    Where are they?

    I see their director insurance is paid up?
    Probably a good idea.
 
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