It's by far and away the best of Norwoods products.
It has 500+ downloads on Google Play which is the same as WW but in a much shorter time. Guess we won't find out revenue news on it until after the CR closes (unless NOR decide to inform SH of the finances prior). If you take the iOS 50% conversion at close to $20 per user then that's $5k+ to sales.
If you extrapolate out the iOS purchases from their announcement then you'd have 30+ purchases a day now or around 700-1000 in total.
Combined that might be $25k onto the quarterly sales which as a proportion of costs is obviously nothing, Norwood is still haemorrhaging money, but it could increase sales by 25% which makes a good headline.
Not sure telcos could really be swayed by an app with the current downloads but one with tens of thousands maybe.
NOR Price at posting:
0.5¢ Sentiment: Hold Disclosure: Not Held
