We Have a Liftoff
SILVAIR published the Q1-2025 report on May 15th. Bound by the corporate governance rules I could not share our progress earlier, but now the cat is out of the bag. We had a stellar quarter. Q4-2024 was record and always in such cases the worry is if the trend would continue. It has continued. Even stronger. Despite the US trade wars introducing uncertainty in the markets. Fundamentally I think there are couple of jointly contributing factors to our overall progress: Brand recognition. Despite very low marketing budget, we continue to be increasingly more recognized. And this is both Bluetooth NLC as the only truly interoperable wireless lighting control standard, and Silvair as the leading product based on this standard. Both brands are associated with performance, quality, robustness and ease of use. A perfect combination of features. The product feature set is increasingly more complete, particularly addressing the needs of customers in the enterprise segment. Network scalability ha...