@Second1998 "
The company has no focus on ohm imo" This statement is 100% wrong.
The focus at present is predominately rapidly expanding the LIFX global footprint, changing some of the dynamics of LIFX in terms of its access to debt/leverage facilities and logistics of operations, as well as production cost savings. This will lead to extensive (70-100%) revenue growth and profitability.
In the background, OHM and cloud continue with new trials involving Wattwatchers hardware ( this takes time), and the sales focus shift to UK and European regulator requirements for auditing energy consumption. Until the time comes ( in mid/late 2020, my guess not the coys) consolidation via staff cutting was essential to bring the business back to break even and not drain on the profitability of the LIFX side.
IMHO, OHM/wattwatchers revenues will gain significant traction in 2020/21. The lessons learnt from OHM 2017/19 have not fallen on deaf ears. Money was spent but not totally wasted. OHMs have sold and continue to sell ( at a slower rate than forecast and required). The whale relationships remain in place and discussions continue, which sees the backround focus adjust towards what the market REALLY wants. The " fitbit for buildings" didnt work as too many participants ( owners, building managers, building occupants ) where required to change behaviour to create a significant energy/cost saving. What will work IMO is government regulation requiring reporting/auditing of consumption. OHM/wattwatchers potential in this space is the bluesky element of an investment in BUDDY TECHNOLOGIES.
On 31 Jan 2020 the quarterly will be release. I expect Airstream business profitability, LIFX profitability, OHM break even. I also expect a forecast at that time to have Airstream/Thor revenue and profitability growth. LIFX continuing expansion/growth as the world #2 smart lighting company and profits from OHM via income from auditing reports, energy monitoring/reporting to more defined clientele such as data centres, councils and energy conscious users and from the sale of the LIFX licensing technology to third parties.
DYOR.