Ann: Half Yearly Report and Accounts, page-5

  1. 2,733 Posts.
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    it’s going to be interesting as the year progresses. Mobvoi revenue is under the Atcor division, and they stated that the goal was to have Atcor division profitable and generating cash by the end of the financial year ( at least that’s how I remember it from the AGM. )

    Conneqt Division will take a different p&l shape as the conneqt pulse and conneqt band are launched, lots more advertising spend etc. I have wondered what the end game is of 2 distinct divisions. Spin one division off and sell it, or list it separately on Nasdaq … who knows, a couple of years away and lots of water under the bridge before we need to start debating that one.

    let’s get all these new products successfully launched and shaking up the market first, I’m sure Craig and Niall have it thoroughly planned out with some sort of exit strategy ( at least partial exit) within 5 years.

    imo
 
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