Margins are almost 0% on the Zoleo's, the team are trying to broaden the market exposure to try and get a high margin SaaS after the purchase of them. Works well with a large outlay in marketing expenses but seems the team have slowed on marketing exposure. Good product, just needs a re-vamp from the company to either a) make money on the sale of it or b) market the hell out of it to try and get hundreds of paying customers onto the monthly subscription. In the middle doesn't seem to be working.
BCC Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held
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