DTS 6.25% 21.3¢ dragontail systems limited

Ann: Strong Financial Results for Q3 of 2018 Appendix 4C, page-52

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  1. 1,395 Posts.
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    1) Main reason for low number of stores to date is having to work through pilots - before roll-outs - they are now in the roll-out phase on the current contracts
    2) Having just received $6 mill from Tiger Fund, cash burn is not a priority - its being put to good use - ie to accelerate roll-out - also worth noting that breakeven is going to be achieved by March 2019 - Tiger are very serious investor in food tech - I think they would have very big plans for DTS - they will be eyeing global roll-out - ie 100,000 + stores
 
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