Remember these guys are targeting 2500- 3500 farms per year in FY19 and FY20.
Ave farm size 400 dairy cows with ave rev per farm $3000.
So the revenue potential per year is US$7.5m - US$10.5m.
The other thing to note is that this years revenue guidance has been reaffirmed at being between US$6.25m - US$7.25m and these smart bow agreements will primarily impact FY19 -Fy20, so expect great revenue uplift year over year....
Current market cap around $40m.....
The best value IOT stock on the ASX by far!
SE1 Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held