NOR 3.03% 3.2¢ norwood systems limited

Ann: TechKnow Invest Roadshow Presentation-NOR.AX, page-56

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    All will be revealed in the quarterly in the next three weeks and that will include at least a bit of info on revenue growth from World Credit I assume.

    So far, my interpretation is that revenue growth has stopped growing. Given that the early January updates talk about a "revenue run rate of $1.75 million" then a "record run rate of $1.9 million" later in January.

    In February they stopped spruiking the run-rate and didn't mention it all together. In today's announcement they have said it is still "nearing $2m p.a" so basically no increase since January.

    Not to say they aren't getting more revenue in since that time, but could explain why they have stopped publishing their graphs recently. If you strip out the cumulative factor my guess is they have flattened off which is not ideal when ideally they would want to see some signs of viral, exponential growth.
 
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