NAN 0.67% $3.00 nanosonics limited

Ann: Nanosonics' revised sales model in North America, page-25

  1. XHY
    51 Posts.
    lightbulb Created with Sketch. 82
    I like this change. A very strategic and almost inevitable move for NAN.
    Selling directly to their customers means better margins, more cross-selling / upgrade-selling opportunities, better services and more importantly better control of their revenue and cash flow streams.
    I've always liked NAN as a business, but what concerned me in the past few years was the lumpiness and unpredictability of their revenue due to the stocking issues with GE. And hence, this announcement came as a very good news for me.



 
watchlist Created with Sketch. Add NAN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.