Company Report
Last edited 5 years ago
PerformanceCommunity EngagementCommunity Endorsement
Performance (72m)
-2.0% pa
Followed by
21
Straws
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#Bull Case
stale
Last edited 6 years ago

With current annual outflows at approx US$3.5M, this business is at 52 week lows. Recurring revenue contracts with OEM products for the gambling industry, and facial recognition software for various governments globally, there is a steady source of baseline income for the foreseeable future. New contracts are scheduled to bring in between $5M and $20M  in late 2018, which should make this business cashflow positive.

The potential sales pipeline is immense, with BRN products supposedly out-performing NVidia AI products on speed and power consumption. 

---Update August 2018 ---

Pipeline/potential is still immense, however BRN does not appear to be managing it's expenses very well, nor converting enough sales leads into revenue. I've sold my parcel for now, pending some solid runs on the board.