Zoono have an initiative with Stayzon, not sure if it’s still in place or not, where they allowed this group to have their own brand.
Looking at the 6 months sales in Australia (see 6 monthly audited figures), Australian sales were only $75,771.00. This also included other customers, so hardly material; about 3% of the 6 monthly revenues.
So I would suggest this initiative has failed and Zoono have made the decision to only now sell under the Zoono Brand; see latest press release 14th march.
Selling under their own brand certainly makes a lot more sense for the company as ultimately this is where the value will lie, in the brand.
ZNO Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
