WDT 0.00% 0.0¢ wellington drive technologies limited

Terms of Agreement, page-5

  1. 445 Posts.
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    That's a nice little announcement. They are aiming for $2 million profit minimum in the next financial year (perhaps as high as $5 million). The margins on the SCS connect cloud technology are higher than on the motor sales..but the two products go hand in glove into new vending machines. Revenue from SCS is a continuous stream. The roll out looks like it is on track. 44% lift in revenue and such a growth increase is sustainable given the new product range and the enormity of the market across all continents. Tracking the revenue increases and profits from SCS over the next few years will make for very exciting future results in themselves.
 
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