KNO 0.00% 3.6¢ knosys limited

New sales = revenue = Profit Improvement Once the number of...

  1. 5,980 Posts.
    lightbulb Created with Sketch. 96
    New sales = revenue = Profit Improvement

    Once the number of seats they sell reaches 25,000 per annum they should be in profit , then its all blue sky

    KNO make revenue based on how many terminals / laptops need a license , and they call this seats

    The aim to get $30 per seat per month

    At present I estimate they are around 50% of that short term target , with ANZ still making up about 10,000 of the seats.

    Unfortunately ANZ pay far less than the retail rate of $30 per month , because they were the initial client , and they have so many seats.
 
watchlist Created with Sketch. Add KNO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.