What about Ohm sales.......where are they???? Remember the...

First 23 Last

Share
Profile

Follow
Melways

595 Posts.

40

21/02/19

14:43

Post #: 37517574
Share

Originally posted by bentas74: ↑

SUMMARY
● Buddy to acquire leading smart lighting technology company, LIFX, subject to the completion of acquisition financing and Buddy obtaining all requisite shareholder approvals (together with satisfaction of various other conditions precedent)
● LIFX generated A$38.5M (unaudited) in revenues in CY2018, with -A$3.4M in EBITDA and gross margins of 29%
● The acquisition will be revenue and earnings accretive for Buddy, with LIFX expected to reach profitability in CY2019
● Since 2015, LIFX has sold nearly two million lights in over a hundred countries with revenues growing between 70% and 100% year on year
● The acquisition will bring a globally deployed energy and sensing platform in LIFX’s lights to Buddy’s Ohm energy monitoring product, while bringing Buddy Ohm’s energy monitoring platform to LIFX’s smart lighting products
● LIFX’s Chief Technology and Product Officer, Marc Alexander will join the Buddy Board of Directors following completion of the acquisition
● Strongly supported placement to raise A$18.1M at an issue price of A$0.08 per Share to partially fund the cash portion of the consideration.

THIS IS MY FAVOURITE
POTENTIAL 250 MILLION OVER THE NEXT 3 YEARS

Isn't it strange the same people whinging about bud are also anti LIFX but still hold , yet they want instant results within 2 weeks of the acquistion announcement . You all had ample time to sell out

Expand

What about Ohm sales.......where are they????

Remember the comments made over the past 2 4C reports.........."we have sold more ohm's this qtr than ever before!"

This was total BS!!!

BUD Price at posting: 7.5¢ Sentiment: Sell Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

HotCopper Highlights: Your most watched stocks for Week 48, 2024

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

There are more pages in this discussion • 56 more messages in this thread...

First 23 Last

Add BUD (ASX) to my watchlist

What about Ohm sales.......where are they???? Remember the...

Top Stories

Week 48 Wrap: ASX flirts with 8,500pts; APRA declines mortgage loan easing; Trump's Bessent tied to Dem donor

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

HotCopper Highlights: Your most watched stocks for Week 48, 2024

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Featured News