Someone correct me if I'm wrong, but as far as I see the purchase order from Zego for an additional 1,000 units - which average $420, will bring in around $420,000 worth of cash receipts. I reckon anything above $500,000 for 1H 2018 would be taken well by the market. Therefore, Scout is already 84% there. The available units on Amazon is always limited, which says to me they are not doing bad on there as I'm pretty sure they re-stocked recently. The total hardware sales will be very interesting to see, as per the Sophisticated Investor report hopefully we sell in excess of 10,000 units for FY18.
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- Ann: Scout receives material new purchase order from Zego
Ann: Scout receives material new purchase order from Zego, page-6
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