NOR 10.0% 3.6¢ norwood systems limited

Ann: Quarterly Activities and Cashflow Report, page-113

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    Id like to see some revenue context for those rankings. According to an earlier post the buzz of activity inside Norwood caused by the unexpected popularity of WV caught Norwood by surprise. So surprised that they forgot to mention revenues in their quarterly. It's pretty suspect to announce downloads and revenues a month in, then nothing in the quarterly.


    Norwood have a habit of buying downloads and I'd like to know the costs in acquiring those downloads to get into the rankings as they have.


    The rankings are positive, but there is no supporting data to analyse any financial benefit to the company. Norwood has a negative margin on its other apps, who knows if it's the same for WV? You'd hope for some sort of economy of scale in the running costs, but who knows what the costs per acquisition are.

 
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