NOR Ann: Annual Report to shareholders - 28th Sep 2022, 2:58pm

[annb0t]

NOR Ann: Annual Report to shareholders
Price Sensitive: N
Date: 28th Sep 2022, 2:58pm

>>> Read announcement: Google: NOR Market Announcements

 

[Doz]

Something is brewing at Norwood Systems …..
CEO doubles his holdings ,
New director on a buying spree , fully exercised will amount to just under 20% .
Partnership with Microsoft / Metaswitch .
Partnership with Infosys .
Project 1 with Infosys , German enterprise ? Deutsche Telekom ?
Project 2 with Infosys ? Australian telecommunication company , Optus .
Aida platform , a new Ai revenue generating line for telecommunication companies .
Many other positives for those willing to research .

All in my opinion ….

 

[Doz]

We were informed at the AGM that Aida would cost $1.00 per day , or say $350 per year . Let’s assume after things like , App Store fees , partnership and telco cuts , that Norwood take is only 20% , or $70 per customer per year . Norwood would only require 1,400,000 customers worldwide to achieve the $100M ARR as claimed .

This then raises another point for discussion , if Norwood were to achieve the above , as the CEO seems to believe , what would be the value of our share price . If we calculate on a fully diluted basis , Norwood would have around 400M shares on issue . Conservatively a company with $100M revenue with 400M SOI could see a share price of $1+ . This being a point of contention , I will let others do their own calculations .

All in my opinion …….

 

[Doz]

My AGM Notes :

” but this Aida offering could be the key to unlock many doors . North American telco 150+ million clients , extremely large European telco interest , renewed interest from partners who have procrastinated , the reference to 100 million ARR again , patent news , near term agreements , current discussions , couple of close tenders , estimated low cost per week to access Aida , beta trials , financial support from the west , new directors already providing assistance , Paul’s enthusiasm and voting numbers suggest plenty of shareholder support . “

All in my opinion ……