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0.7¢ scout security limited

IPO - SCOUT SECURITY LIMITED, page-5

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Mansourhabchi

47 Posts.

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20/04/17

18:39

Post #: 24176643
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Originally posted by Matt Adl ↑

Security is a massive industry and this being a tech based company offering much easier to set up options is drawing my attention to invest here, mainly because:

Scout is a recurring revenue business. Scout offers a cellular backup subscription plan for US$9.99 per month and a 24/7 police dispatch subscription for US$19.99 per month. These plans can also be purchased on an annual basis at a discount.

Scout’s average hardware order is US$420. Each order is specifically catered to the end user’s security needs because each buyer is walked through Scout’s online system builder. The Scout hub retails for US$129. The Scout Door Panel retails for US$69. The Scout Motion Sensor and Access Sensor retail for US$49 and US$29, respectively. This core hardware is what Scout believes gives consumers a best-in-class home security experience.

The Company currently holds three design patents (USD728395, USD744883 and USD744884) in the United States

In the financial year ended 2016, Scout’s revenue grew 267% from the previous financial year (from US$691,976 in 2015 to US$1,853,956 in 2016

Shares to be issued under the Public Offer 25,000,000

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hey I have a few shares that you have and would love to ask a couple questions I am still learning about the share market. how man I contact you ?

SCT Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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