IKE - Ike GPS.com

[whatsup]

Knocking on the .50 door, please keep it up next milestone is $1-00 !

[Cobber]

Breakeven 2024?

Yeah I would say we're starting to get back to what they were doing in 2023. But its going to take a few quarters to quantify that. But i'd like to think this time next year the SP is back to $1.

[percy]

https://smallcaps.us14.list-manage.c...b&e=6c1ad5cc63

[whatsup]

IKE is supposidly to conduct a ZOOM meeting today at 11-00 but the company link does not work, can someone more learned than me please help with this ?

[mfd]

IKE is supposidly to conduct a ZOOM meeting today at 11-00 but the company link does not work, can someone more learned than me please help with this ?

I believe it is 11am Sydney time, 1pm NZ time.

[whatsup]

I believe it is 11am Sydney time, 1pm NZ time.

Looks like it didnt happen as there was no live link, DAMMMMM !

[Forrestdun]

I listened in

[Roskat]

Definitely there. A good listen

[Greekwatchdog]

I just started my holding with a purchase 15,000, Future looks very exciting and management seems rather positive about prospects. Solid prospects in the US.

Will add more once I see some momentum in share price from here.

Have a nice long weekend to you all.

[Rawz]

I just had a read through the preso (missed the call).
FY25 revenue is going to look something like this (my guess):
Subscription revenue+60%= $16m
Transaction revenue +20%= $8.8m
Hardware revenue +5%= $3.2m

Total revenue will be, and this is being generous= $28m.

So it will still be down on FY23 record year that sent the SP to $1. Im not excited and all ill say, beware of the positive spin on the calls...

Note- no cashflow statement in the presentation.. but just looking at the balance sheet, cash dropped from $18m to $10m so burning $8m per year. Based on estimated revenue of $28m its still going to be losing cash and loss making. That $10m cash buffer should last them the year so no worries right now but looking long term they will need another raise or magically become profitable.

In all IKEs preso's they note the huge total addressable market but for whatever reason, IKE cant seem to make any money from its market.