They've done well in the US stoking demand in the US faith sector. If you look at the break-down the industry isn't just live sound. It's mainly going into buildings.
The dominant market share is in a 45m market currently. Because it's untapped it leaves plenty of room for a competitor to offer a digital solution. The problem is OEMS don't want to pay a licensing fee if they don't have to, or potentially pay less with another company.
If you do research you'll realise there are real issues with audio engineers having the skill or motivation to understand networking, even if it is broken down into layman terms by Audinate.
I get the feeling they're pushing to video and software services because audio is going slower than expected. It's really hard to build out a network when you don't have many products. I was really disappointed to see they'd only got 14 OEMS so far.
Should be interesting to see how it develops. If the economy tips into recession it could be at the worst time as the industry attempts to recover.
- Forums
- ASX - By Stock
- Ann: Audinate Trading Update
They've done well in the US stoking demand in the US faith...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AD8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
$18.44 |
Change
0.390(2.16%) |
Mkt cap ! $1.532B |
Open | High | Low | Value | Volume |
$18.14 | $18.62 | $18.10 | $2.256M | 122.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1070 | $18.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.45 | 3970 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1070 | 18.400 |
2 | 1476 | 18.380 |
1 | 529 | 18.360 |
4 | 4369 | 18.330 |
2 | 3261 | 18.300 |
Price($) | Vol. | No. |
---|---|---|
18.450 | 3970 | 1 |
18.460 | 2908 | 2 |
18.470 | 762 | 1 |
18.480 | 331 | 1 |
18.530 | 529 | 1 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
$18.46 |
  |
Change
0.390 ( 2.21 %) |
|||
Open | High | Low | Volume | ||
$18.26 | $18.61 | $18.13 | 29440 | ||
Last updated 15.59pm 02/05/2024 ? |
Featured News
AD8 (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online