Very disappointing growth in Zoleo sales and ANZ subscriber growth.
However, with still rapidly growing (approx 50% pa run rate over last quarter) annualised royalties to Beam of $0.76M, why wouldn't Roadpost just buy out the whole of Beam and own the whole of the JV. Beam is now only on an enterprise value of only $13M. Roadpost would then pay out no royalties in any region. For that, they would also get Certus, Sat Phone shop, the R&D team and all the IP including the relationship with Iridium.
Despite the disappointing growth rates, I think Beam is worth much more than its current market cap.
Ann: Appendix4C Sep Qtr and Activities Report- Stronger Earnings, page-20
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.23M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 13.0¢ | $3.88K | 29.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 30157 | 1 |
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| Last trade - 10.06am 17/06/2025 (20 minute delay) ? |
| BCC (ASX) Chart |