We hope ?
Growth in IOT & margins has to be good for them.
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We hope ?
Growth in IOT & margins has to be good for them.
Every quarterly report seems say something about customers overstocking or otherwise delaying orders until the next quarter, thereby excusing lower revenue than expected.
Revenue Q4 22 was $24.3m and just $14.7 for this Q. A very long way to go to achieve even a 'trend towards $100m revenue on 2023'
Got to be in to win
"The global Internet of Things (IoT) market is projected to grow from $662.21 billion in 2023 to $3,352.97 billion by 2030, at a CAGR of 26.1%... Read More at:- https://www.fortunebusinessinsights.com/industry-reports/internet-of-things-iot-market-100307"
https://www.fortunebusinessinsights....-market-100307
NBT
"“We have made great progress on our product roadmap and are expecting to launch a new cellular
controller, a SCS controller that has cellular communication embedded in the device. This is vital for our
market entry strategy for North America and Europe. We will also launch a 25 watt motor which will allow us
to take share in the food retail market.”"
Jeez AOF share price down to 7.5 cents
Probably been lower some before in distant past but 7.5 cents is pretty bad
Mkt cap about $30m and sales ‘trending to $100m’
You’d think that would get punters excited and be in boots and all
Consistent with 18 month trend though, which matters to some people. Good to get some volume out of the way late yesterday.
Harbour Asset Management hanging over market
Another capital raise could also be just around the corner....