Member Info for skid35

Giovs.

As I said.

1. Both contracts are not with new customers,they are existing customers

2. The contract is with a military aerospace customer, not the US miltary

PJ.

You really do need to read the RNSs.

The deals when they were in TSP were both with existing customers, there are no new customers. They are not new contracts, they are extensions of existing contracts.

They do not have a contract with the US military.

But you "understand the company".

Stephen.

- Hidden potential. On the chinese contracts the inventory is contract specific and has no value currently (except scrap), likewise receivables due. Massive impairments in the 2023 books, possibly together with impairments on intangibles (where the accounting doesnt impact the value anyway)

- ENET has no recurring revenue streams, it has repeat orders and royalties. Recurring revenue is where the END USER provides an ongoing revenue without additional sales volume. ENET has to sell more volume for revenue.

"the universal edge platform is amazing".

Unless you are a deep techie specialising in this area and have seen lab test results how do you know ?

We have no independent verification through Gartner / Forrester etc how it performs, the market potential etc - let alone DLs ability to sell it now he is down to the bones of sales / marketing "professionals".

PJ -

You do understand the difference between gross and net cash ?

Its like, I've got a grand in my pocket but owe my best mate £950.

What rollout of UEP ?

There is no rollout, remember english is not DLs first language.

Current revenue streams are not UEP. Despite these products being available for general release for sometime, a lot of interest / trials etc, zero interest resulting in $.

Hull.

Why invest in a company where in are surprised by what the CEO tells you in a five second elevator pitch, don't you do any of your own research?

Even after this I don't think you have understood what ENET do anyway.

Lastly, you need to understand what tier 1 means.

Page of cups.

This time last year ENET had a very large backlog from two Chinese orders, with the CFO stating he expected further orders to be added to a conservative revenue outlook for 23. Currently ENET has zero backlog.

I think it's about 3 times as many shares.

Metalbasher.

There are no orders in the book.

There is no backlog, new orders or quarterly royalties are required for revenue.

"Liked the telecoms part".

Amazing, you've just realised what the company does?

PJ.

1. When it was sixty the share count was a fraction of today

2. No they dont have more partners, customers, contracts whne they were 60p as they have lost some of these and not gained any

3. Fully funded for what ??

The Ceo hinting in a proactive interview is nothing new, go back and watch the others.

Unfortunately, outside tarana, little follow through.

PJ

You know so much that you think the main customer is a Central European city.

The tsp did not prevent a follow on order under the master agreement, but would be an issue on third party supplies.

Anyone looking at charts for nano caps needs their head testing, just bonkers.

An interesting listen.

Basically following the standard software / SaaS business model (channel/renewal/direct new business)- but I feel with a very strong focus and a lack of ego.

Six sales people did surprise me, but the £750 x 6 would probably have an over assign of a group target of between 10-20%. But if you take the £750k over three years and even seasonality between the months this would give c £135k first year revenue per sales head in year 1, £810k for six. Monthly ARR increase at the end of the year would be c £125k and a contracted revenue increase from new business at the end of the year of about £3.7m.

Will be interesting to see how this rolls !

"Former glory" ? What does that mean ?

The company has had one real (and growing) revenue stream.

Derby.

It was 99.9% built into the share price before the RNS, 100% now with the RNS.

Truth.

Yes. A lot of AIM companies realising they cannot keep on coming back to the market every six months when they are simply not performing.

Stock and debtors still far too high, but % are better on increased revenue. Hopefully stock will decrease as it is used for income.

H2, apart from being backended, needed far far more commentary.

Real need to provide backlog and backlog movement backed by purchase orders rather than expectation.

The fixed and working capital required to manufacture is massive - as well as then low margin.

Low asset companies with IP and high margins are the ones able to leverage profit on higher revenues.

Gemlotte.

Dividendmax is the best website. Search the ticket and it shows the next ex div, payment date.

Tricky, you must be a professor in accounting and maths ?

Not a clue on the difference between net and gross margin

Not a clue on cash conversion cycles