SYT 0.00% 0.1¢ syntonic limited

Ann: Appendix 4C - June 2017 Quarter, page-90

  1. 380 Posts.
    How are new people supposed look at the company? Through the quarterlies. Its been a year, so it needs to perform. Aftee a year, new investors are looking for facts and figures, not pie is the sky "potential". The hype is over.

    Had a better look at the QTRs.

    In relation to revenue SYT of ~$150k, $16k, $zero, and $593k. In the last 4 QTRs.

    Ask yourself does that look like unmeasurable potential? SYT has signed up TATA for a year ago (not sure about dates), but where was any TATA revenue in the 2nd, and 3rd QTR? It makes no sense. How much potential remains to be seen.

    In terms of the Verizon SDK the paid $280K, what are they paying for ongoing licensing?

    ~$310k can potentially be attributed to Freeway app and Verizon SDK ongoing licencing fees. How much are they making in licensing and how much are they making from the app? Even if you split it down the middle 50/50, both the Freeway app and the Licence is a failure. If you split it 0/100 then the Freeway app is a failure, and the Licence would have potential. Take your pick. Numbers don't lie.

    Unmeasurable? No.

    Freeway app is a failure. Now they are looking at licensing for revenue.

    As for OTT. When do people will use the app outside of home? in the car? when they are going out with friends? at the beach? why do people need to sign up, when you can download shows of Netflix to watch later? Again its all pie in the sky for now.
 
watchlist Created with Sketch. Add SYT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.