Simavita Limited (ASX: SVA) develops smart, wearable and disposable technologies for the global diaper manufacturing industry. This industry currently generates approximately USD64bn in annual revenues.
The Company produces a portfolio of sensors and systems that meet a clear demand for smart diapers delivering a ‘time to change’ alert function to the global diaper industry. The opportunity represents a clear unmet market need to provide a low cost, intelligent product to a rapidly growing market which produces approximately 180bn diapers annually.
The management’s vision and strategy for the Company is clear and achievable … to rapidly build a highly valuable and profitable business. The Company’s strategy is entitled PIVOT and provides a roadmap to deliver new product to enormously expanded international markets, whilst generating real and sustainable cost reductions within the business ... an opportunity to do substantially more with much less.
