⬇ #ICYMI: 📺 Last week Managing Director & Chief Executive Officer, Andreas Schwer and Chief Financial Officer and Chief Operating Officer, Clive Cuthell joined Sharewise to give an update on the #EOS business. 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ◼ Business in turnaround, a new leadership installed in H2 2022: Phase I completed (funding, cost reduction, portfolio review / execution) ◼ FY23 saw highest ever revenue ($219m) ◼ Highest ever cash receipts ($326m) and net operating cash flow ($113m) ◼ Focus is now on profitable growth ◼ Several new products launched in 2023 e.g. lightweight R150 RWS, counter-drone solution “Slinger” product ◼ Debt that was taken out during time of crisis is now substantially repaid ◼ Recent $35m placement being used to facilitate growth opportunities ◼ Order Backlog $441m, or $662m if include conditional contracts for Ukraine ◼ Ongoing work to diversify the revenue base (33% of revenue came from Europe in 2023) ◼ Positive net Q1 2024 revenue of $75m-$80m ◼ Work continues on future growth opportunities in High Energy Laser Weapons and Space Warfare (commercialisation to be funded by 3rd parties) ⬇ Watch now: https://lnkd.in/gfETgWy9 #eos #financialresults #financialreporting #businessstrategy #investor #investorrelations #defence #space #kiwistar #EMS #counterdrone #antidrone #cuas #dronedefence #defense #defence #defenseinnovation #defencetechnology #satcom #SDA #RWS #laser #lasertechnology #worldleading #accuracy #tracking #software #algorithms
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In the ever-evolving world of telecommunications, UScellular is making waves with its strategic partnership with Geotab. Their latest case study reveals how they are transforming business operations through state-of-the-art GPS tracking solutions. Companies are seeing significant enhancements in fleet management, leading to increased efficiency, reduced costs, and heightened safety. #usccemp
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In the ever-evolving world of telecommunications, UScellular is making waves with its strategic partnership with Geotab. Their latest case study reveals how they are transforming business operations through state-of-the-art GPS tracking solutions. Companies are seeing significant enhancements in fleet management, leading to increased efficiency, reduced costs, and heightened safety. #usccemp
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In the ever-evolving world of telecommunications, UScellular is making waves with its strategic partnership with Geotab. Their latest case study reveals how they are transforming business operations through state-of-the-art GPS tracking solutions. Companies are seeing significant enhancements in fleet management, leading to increased efficiency, reduced costs, and heightened safety. #usccemp
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UScellular Business Selects GEOTAB to implement fleet management solution
