VMT 0.00% 11.5¢ vmoto limited

For anyone like me that is new to this stock, the April 30...

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    For anyone like me that is new to this stock, the April 30 update is really worth a look. (Have pasted some highlights below)
    If you have a look at that update, check the sections on 'growing order book' & 'international markets'
    Unreal - how is this at this market cap ? I really expected to find some major issue but last report plus the update all looks fantastic.
    Don't know what the market will do in the short term but this looks like a beautiful growth story in progress.


    Record international sales in 1Q19, up 57% on 4Q18 and up 80% on 1Q18.
    • Continuing upward sales trend in Europe - total of 3,122 units sold in Europe in 1Q19, up 85% on 4Q18 and up 275% on 1Q18. • Firm international orders (with deposits received) for 2,292 units as at 31 March 2019, scheduled for delivery in the coming quarters. • European distribution network expanded further with new and renewed exclusive distributors appointed in Croatia, Estonia, Latvia, Lithuania, France, Hungary, Malta, Serbia, Kosovo, Montenegro, Bosnia, Macedonia and Albania.

    1Q19 Sales Performance Unit sales for 1Q19 totalled 3,821 units, comprising: 1Q19 4Q18 1Q18 European customers and distributors 3,122 1,689 832 Non-European customers and distributors 686 730 1,282 Chinese customers and distributors 13 335 45 Total 3,821 2,754 2,159
 
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