DTS dragontail systems limited

Ann: Strong Financial Results for Q3 of 2018 Appendix 4C, page-6

  1. YLJ
    819 Posts.
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    6m is indeed in AUD, I should have pointed that out. 


    According to the latest investor presentation released on the 24th of september, Dragontail expects to have completed installation on 

    an additional 1,485 by the 30th March 2019, bringing the total to 1,700 (with much more on contract).

    Initial installation fees are US$1000 for ALGO and US$2000 for CCSU (Camera Cut Station Unit) and then recurring monthly fees

    of US$200 and US$50 respectively. Actual average recurring revenue was US$193.74 per store, as of Sep 18.


    Although quite possible, if you do some number crunching I do not think it is unfeasible that a another raise will not be necessary unless it is for the purpose of rolling out an overburdening amount of stores contracted, in which case it might again be at a premium to the share price and unlikely

    offered retail investors. If DTS can match their targets I am personally not concerned about another raise and I believe it would be at a significantly

    higher price to the current share price. 


    DTS seems to streamline the preparation and delivery processes as well as both save it's customers money and help them generate more revenue. With the likes of Domino's, Pizza Hut, KFC & Burger King (perhaps more to come), and a fast food market of roughly US$227 billion in the US alone, it's not too hard to see this company going places. Smart money is onboard and I'm ready to take the risk on this one. 


    All IMHO...





 
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