Knightscope Winning Investors, Struggling With Growth

By: Dan Gelinas, Published on Oct 16, 2018

While Knightscope's new financials show the company only winning 11 new customers in the past 12 months, the company continues to win new investors.

Two of the notable positive moves for the company are its NYC showcase and its participation in the 'Total Wealth' summit as shown in the images below:

In this note we look at:

NYC Showcase
Total Wealth Summit and an investor speaks to IPVM
Missed Projections
Trouble Attracting New Customers

***** ***********'* *** ********** show *** ******* **** winning ** *** ********* in *** **** ** months, *** ******* ********* to *** *** *********.

*** ** *** ******* positive ***** *** *** company ****** *** *********** *** ************* ** the '***** ******' ****** as ***** ** *** images *****:

** **** **** ** look **:

*** ********
***** ****** ****** *** an ******** ****** ** IPVM
****** ***********
******* ********** *** *********

[***************]

NYC ********

*********** *** *** ** shop (***********) ** ***-**** Manhattan, ******* * *** of *********, ********* **** TV ******** ****** ****** *****:

*********** ********* ** **** how ** *** ****** more ********** **** ********* attention **** ****** *** other ******** *******.

Total ****** ******

******, ** ** ****** off **** *********. *** investor ** *********** ***** with **** *** ****** the *******, *** ********** its ********** ******* **, ** *********:

** * **** ** my ****, * *** inspired ** *** ****** of *** ***, **** Li. * **** **** he *** ********* * need ** * **** fragmented ******** ******** ***** no **** *** ********. Also, *** ***** ********* were **** **********.

*** ********,*** ********* *********, ** * CRNA **** * ******* degree ** ******** **************. The **** ** ***** he ****** ** *** above ***** ** * post ** *** ** his ******** ****, ***** is ***** (******** *** from **** ** *****, DeVille, * ** ********** Data ******** (***), *** Santana **):

** *** ********* **** IPVM, ******* **** ** has ***** ** *********** and *** ***** ** the ******** ******** ***** forward:

***** ******** **** **** in ****** ***** ***** ****** *********** *** *****, * had *** ******* ***** that *** **** ***** very **** ** *** next '******' ** *** security ********. * **** that’s ** ********** **** statement, *** **’* * strong ******* **** * have.

***** ****** ** ** annual ********* (**** **** be *** **** ****** event) **** ***** $*,***/****** to ******. ********* *** to ****** ** *** meet "*** **** ***** in *******," *** **** them *** ** **** their ****** "****," ** is **** ** **** excerpt *********** *** **** event:

******* **** ** ** say **** ***** *** financials *** *** ******** ADMs *** *** ** what ********** *** ******** nor **** ********* *** wanted, ** *** **** focused ** * ******** investment ***********, ***** ****** the ****** ******* *** its **** **** ** profitability:

* **** **** **** may *** **** ******** many ********* ***, *** I ***** ******** **** will *****. ***, *’* uncertain ** ** ***** financials, *** * ** know **** ** **** Amazon ** ***** ** become **********. *’* ******** for *** ****** **** with ***** ****. * could ** ******* *****, and ***** ********** ***** be ********, *** ****** also ****** ***** ********* in ****** *****.

Missed ***********

***** *********** ********* *** be "********* ** ** their **********," *** *******'* financials *** ******, ** not ****** ********. *** example, ** *******************'* ** **** **************** ** *** ***'* website, ******* ** ***********'* ******* on *** ********* ****.

** ****, *********** ********* nearly *** ****** ("********-**-*******") by *** *** ** 2018.

*******, ***********'* *** ********** show **** ** ****** at *** *** ** H1 ****. **** ** Knightscope ******* ****** ** the **** * ****** (which ** *** ***** their ******* ****** ****), they ***** ***** ** off ** **** **** 80% **** ***** ******** 2016 **********, ** ******* ** **** ******* from **** * ** its **** *-**:

Only ** *** ********* ** **** ** ******

*********** **** ********* ***** customers **** ** ** 32 ** *** **** 12 ******, ******* ******** millions ** ***** *** marketing.

********, *********** ***** **** has ** ******* ** 1.4 ****** *** ******** (45 ******** / ** customers), ********* **** ********* are *** ******* ** usage *************.

$5+ ******* **** *** **** ****

*********, ********** ********* ** lose **** **** $* million *** * ******, as ***** **** ****** financials ****:

$50 ******* **** *******

*********** ** *** ****** to***** ******* $** *******:

**** ** ******* *****, in ******* ****,*********** ******** *************** *** ****:

** *** ***** ****, now **** *** ***-********* fundraising ******* *** ****, we *** ***** *** efforts **** ******* ** client *********** *** ****** success.

***** ****** *********** ** still **********, ******** *********** may ** ***** ****.

Input **** ***********

*********** ******** ** ****** calls *** ****** ******* for ***** ** ***** Form *-**.

Comments (6)

John Honovich

IPVM | 10/16/18 03:24pm

*********** ************/********** ***:

****** ******* ** ******* *********** *** **** ******** [*** ********]. This *** *** **** **** ** **** *** * ***** it ***** ***** ***. **** * ** ****'* ****** ** physical ********, *** ***********, ********, *** ********, *** *** * track ****** ** ********** [** **** ******]. **** ***** *****'* exist.

*** ************ ********* ***** **** **** ***** ** *********** **** Floyd ********** ** * ***** **** ** ***********'* ****** *** strong.

*********** *** **** ** ** **** ****** **** ** **** had ******* / ****** ***, ******** ******* *** ****** ***** be *** ******. ***** **** *** **** ** ***** ******* and * **** **** **.

Undisclosed #1

In reply to John Honovich | 10/16/18 03:48pm

********* ****/*** ********* ******** ***** ***** ******* *** ******* ********, but ********* ****** *** ******** ******* ** **** **** *** of **** ** *****.

**** ** ***’* *** ********* ** *** **** *** ****** shows *** **** *** *** ** ****** ** ** ******** the *******. *** ***** **** ** ** *********** *** ******* looking *** ********** *** *********** ** ***** ** ********* ** best, *** ********** ** *****.

****, ***** ** **’* ***** ********* **** ** **********? *** last ******* ***** ** *** ******** ******, ****** ******, *** a ******** *******.

Undisclosed #3

In reply to Undisclosed #1 | 10/24/18 06:35pm

******** *** **** ** ********* *** *********.

Michael Gonzalez

10/16/18 10:51pm

** **** ** **** **** ****** **** ***** *** ***'* knock **** ****** **** **** ** ****** ** **** **** "check *** *** ** *** ** **** ******** ****** *** insurance" ****. ****

Undisclosed Manufacturer #2

10/16/18 11:18pm

* ***** ***** * ***** ******* ***** ** **** *********. if ** ******** ******, * ***** ******** ***** **** ****** control *** ****** * ******* **** ******* ** ** *********. integrate ****** ********** **** ******* ** ************* **** ***** *** drones ** *** ******* **** ******* ****.

Brian Selltiz

IPVMU Certified | 10/18/18 12:50pm

*** ******** *********** ** ****** ** ******* *** *******.

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