NET 0.00% 0.3¢ netlinkz limited

Ann: Investor Presentation, page-9

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  1. 206 Posts.
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    Highlights of the investor presentation for me:

    * they are still plugging the Global Security Challenge award (pg2), 10 years after the event! Do they not realise how long 10 months is in this business, let alone 10 years? And no one ever bought the product anyway!

    * revenue of A$2.19m in Q1 2020 (pg3). Even the uprampers here noted the correct revenue attributable to Q1 2020 was A$1.575m, as clearly stated in the March quarterly.

    * gratuitous use of the phrase "strong data lake enablement" (pg5). Utterly meaningless in the context of Netlinkz, but when did that ever stop these guys using buzz words?

    * use of the phrase "cross boarder protection" (pg9)! lol!

    And of course, plenty of large numbers on all sorts of subjects thrown in for good measure, but with no indication of the vital one: how many VIN licences do they have on recurring revenue? That is the single most important metric behind the company's entire future, and they will not divulge it. Even in an investor presentation in these days of pandemic, when millions of people need a secure, remote access solution, Netlinkz will not tell anyone how many of their core product they are selling. Why ever not?
 
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