A year in review
A word from our CEO
I would like to wish all investors, customers, partners and readers a very happy Christmas.
When we merged the two businesses in December 2020, we set ourselves the goal of becoming Australia’s leading electrical IoT company. We said we would be selling a more complete family of connected smart home products, notably through Gerard Private’s relationships with the electrical wholesale market; strengthening the team; reducing costs; creating a single powerful platform for all connected products and delivering all this with a flexible business model for both the supply of products and the licensing of intellectual property. I am delighted to say that despite the global pandemic and significant supply chain shortages;
- We have delivered 30,000 devices into the market and introduced a new range of premium glass-fronted products, Senoa.
- Completed a successful placement improving our cash balance and lengthening our growth runway.
- Through our partners, Beacon Lighting, we were delighted to see our devices installed in Mitch and Mark’s winning house on The Block.
- We added a new distributor to our list and Polyaire’s Airtouch now manages Zimi’s devices.
- We changed the company name to Zimi.
- Finally, we received a new order from Steel-Line Garage Doors for a range of Garage Door Controllers.
Zimi is well on the way to being Australia’s leading electrical IoT company thanks to your support in what has been a strange year. Stranger still is the fact that people are saying it may become the new normal. Whatever the future holds, I hope you get the chance to spend some quality time with your families. Stay safe and have a very merry Christmas,
Brett Savill
Zimi CEO