BUD 0.00% 4.3¢ buddy technologies ltd

BUD-LifX The Future, page-134

  1. 114 Posts.
    lightbulb Created with Sketch. 19
    nitpicking, but I don't think that is correct?

    I agree its been slow and has been delayed -  but oct said the vague CY2019 - now at least it looks like hopefully something that can be reported midyear 

     oct 2018 4c

    "It is expected that first revenues from the distribution agreements with variousIngram Micro entities are likely to be recognized beginning in CY2019. "

    now jan 4c

    "management believes revenue will first be recognised in a number of regionsstarting in the next quarter (Q4FY19)"
    --------------------------------

    Back August 2018 it was Q1 FY2019 or in Q2 FY2019.- so yes delayed... 

    "Buddy originally envisaged first revenues to be recognised in Q1 FY2019, it isexpected (given the contracting cycle of a customer) that first revenues are likely tobe recognised in the end of Q1 FY2019 or in Q2 FY2019."
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
watchlist Created with Sketch. Add BUD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.