ZNO 0.00% 2.3¢ zoono group limited

Ann: Company Update, page-16

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  1. 3,459 Posts.
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    Zoono have an initiative with Stayzon, not sure if it’s still in place or not, where they allowed this group to have their own brand.

    Looking at the 6 months sales in Australia (see 6 monthly audited figures), Australian sales were only $75,771.00. This also included other customers, so hardly material; about 3% of the 6 monthly revenues.

    So I would suggest this initiative has failed and Zoono have made the decision to only now sell under the Zoono Brand; see latest press release 14th march.

    Selling under their own brand certainly makes a lot more sense for the company as ultimately this is where the value will lie, in the brand.
 
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