(1/5)
Important to note the language used on gestation periods. Time required to bed in with new partners.
At end of 2018, #IMMO had 46 concession headsets but finished 2019 at 185 = +139
In hitting 139 total year installs, 39 were installed by end of Q1 2019.
(2/5)
This year installs will be up to 129 by close of Q1 2020.
Q1 2019 installs represented 28% of the total years installations.
Same ratio applied to 2020 = 460 total new headsets.
129 in play = 231 to go.
Total end of 2020 = 662
(3/5)
However, we are back to that #IMMO gestation period.
1st of 3 trial SEA LIFE install was completed in April.
Note this year there are 7 Sea Life contract wins, which takes total to 10 sites, ave. 5 headsets per site.
Sea Life has 52 sites.
(4/5)
If its proved good enough for 7 more SEA LIFE centres, then there's surely up to another 42 in process.
Same goes for Aspro. Blue Planet aquarium announced 10th Oct 2019.
Bristol Aquarium dependent on trial success (See 10th Oct RNS).
15th Jan 2020 contract wins incl.
(5/5)
"Aspro operated" Bristol Aquarium.
Aspro has another 66 sites in its locker, incl. 8 more aquariums
In 2018 #IMMO didn't have such clients bedded in, nor 36 seater roll outs, nor clients wanting +50 exhibits.
That's why I believe 700 installs in 2020 is very much on.
Spot the deliberate mistake.
129 in play = 331 to go.
Total installs at end of 2020 = 762 headsets (not 662)
Only goes to strengthen the argument. #IMMO
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