MGM Wireless (ASX:MWR) Presentation, FNN Investor Event, April 2019, Sydney

Company Presentations

MGM Wireless Limited (ASX:MWR) Chairman & CEO Mark Fortunatow presents on the company's smartphone safety device for children, 1H19 financials and expansion into the UK at FNN's Investor Event.

Key points:

  • Market capitalisation $39.9 million.
  • Parent controlled smartwatch, GPS and phones for children aged 5 to 12 years
  • Recurring revenue models - annual software licencing fee for schools and monthly wearables app fee
  • Smart watch features include school mode, phone, SMS, location on demand, SOS alerts, social media free, no internet access
  • Australia and New Zealand bricks and mortar distribution
  • UK expansion starting this quarter 

For more, watch Chairman & CEO Mark Fortunatow present.