Bluechiip Ltd (BCT.AX) Annual Report to Shareholders
Bluechiip Ltd (ASX:BCT) provides the Company's Annual Report to shareholders.
2017-18 Highlights
- World-first, highly differentiated technology, with protected IP
- $200M+ growing target market, with very large adjacent markets
- Dramatically increasing partner pipeline, 29 readers sold up from 14 in FY17
- Sale of products $434k, up from $140k in FY17 representing a 209% increase
- Well advanced product development
- Partner opportunity conversion with three executed licence and supply agreements and Bluechiip Enabled products in manufacture
- Growing partner supply, over 250k chips delivered in 2H FY18. Initial repeat revenues with sales up 136% year on year
- Initial $1M order received in Dec 17
- Post year end updated Labcon agreement over $US11.6m ($A15.9m) FY19, 20 and 21
To view the full report, please visit:
http://abnnewswire.net/lnk/44HA6X39
Bluechiip Ltd T: +61-3-9763-9763 WWW: www.bluechiip.com
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