RE: "Vanja Water Guard from Leakbot - order for free"18 Jun 2023 09:43
The implications should not be under-estimated.
We know the top line is great with 46% GP and recurring revenue but for any product, selling and marketing are usually necessary and large costs if your going to gain sales traction.
Not only have we had a large part of these costs removed from the financials, they are being footed by blue chip multinationals who aren't being forced to market Leakbot - they want to.
I have never seen such a perfect symbiotic - win / win business relationship.
Another area companies have problems with is the speed of market penetration - time costs money as it were.
No such problem here.
This is without doubt the most exciting early stage tech company on AIM and its unique cost structure will soon be recognised.