BUD 0.00% 0.6¢ buddy technologies ltd

Questions for the Webinar, page-333

  1. 8,751 Posts.
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    Subtly change the goalposts:

    Notice how Buddy Group is not mentioned in the following statement:

    Achieve breakeven across the Buddy Ohm + Buddy Cloud businesses by end of CY19

    They have not stated what the revenue target is for the Buddy Ohm + Buddy Cloud businesses, but the statement below includes costs from the Buddy Group, therefore less than $1.2m, maybe $0.75m per quarter by end of CY19 ?

    We have reduced our cost base for Buddy Platform and Buddy Group down to A$1.2M per quarter.


    In my opinion the staff at Lifx are going to have to work hard to save BUD.
 
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