LightwaveRF Plc specialises in the design, development and manufacture of home automation systems to enable consumers to remotely operate everyday household appliances, such as lighting, heating, air conditioning, door entry, audio, video and security.

All of the below information is accredited to MG78 from the ADFVN forum.


RECENT KEY FINANCIALS (FY 2014):

* Like for like revenue up by 189%
* £1.8M forward order book at year close.
* Pre-tax losses reduced to £0.30M (2013:£0.81M)

RECENT KEY DEVELOPMENTS:

* October 2013 - Electronics giant Megaman appointed as Master UK Distributor.
* February 2014 - $800,000 stocking order from Megaman coinciding with launch of Lightwave heating products.
* June 2014 - 20,000 Live User Mark milestone achieved along with official APPLE MFI Developer status.
*June 2014 - Major International Distribution Agreement signed with Neonlite Electronic and Lighting (HK) giving sales reach to over 80 countries.
*September 2014 - LightwaveRF products now stocked by 130 UK electrical and plumbing wholesalers
*September 2014 - Warwick University Innovate UK (formerly Technology Strategy Board) energy management project now with 300 rooms.
*September 2014 - Entire product range now available in over 150 Maplin Electronics shops across the UK, as well as their on-line store.
*September 2014 - Global distribution deal for lighting products (INGENIUM RF) now in place with Neonlite. First stocking orders now received for Australasia and Asia.
*September 2014 - Almost 25,000 homes across Europe now connected using the LightwaveRF cloud-based platform

INGENIUMRF:

*Autumn 2014 onwards - Lightwaverf technology incorporated into global lighting leader Megaman's new INGENIUMRF range of smart lighting products and to be offered globally. Promoted at Hong Kong International Lighting Fair (October 2014) and LUX Live, London (November 2014).

Short film on Ingenium RF launch at the above Lighting Fair:

https://www.youtube.com/watch?v=dsF5bvmyhYs

Further reading on Ingeniumrf:

http://www.hktdc.com/fair/hklightingfairae-en/s/2957-General_Information/HKTDC-Hong-Kong-International-Lighting-Fair-Autumn-Edition/Exhibitors-and-Buyers-Comments.html

http://www.nasdaq.com/article/hong-kong-international-autumn-lighting-fair-ends-on-a-bright-note-20141030-00770

http://www.megamanlighting.com/fr/centre-media/megaman-unveils-ingenium-smart-lighting-solutions-turning-ordinary-lighting-fixtures-into-smart-lighting

................................................................................

LIGHTWAVERF PROMO FILM:

hTtps://www.youtube.com/watch?v=jjM9f-7tbTc

LIGHTWAVE TWITTER:

hTtps://twitter.com/lightwaverf

LIGHTWAVE FACEBOOK:

hTtps://www.facebook.com/LightwaveRF

LIGHTWAVE WEBSITES:

hTtp://www.thesmartshop.co.uk/lightwaverf/store

hTtp://www.lightwaverf.com

hTtp://www.lightwaverf.co.uk

IN THE PRESS:

hTtp://www.pocket-lint.com/news/130616-lightwaverf-smart-thermostatic-radiator-valves-give-you-individual-room-temperature-controls
..............................................................

As at 9th September 2014 the company has just 12,140,000 shares in issue and, at 37p, is valued at £4.49M.


All of the above information is accredited to MG78 from the ADFVN forum.

http://www.lightwaverf.com/news-gadget-recap

Ebuyer also have some Wifi Links in stock again.

A new technical help desk

http://www.megamanuk.com/lightwaverf/helpdesk/

http://www.megamanuk.com/news/megaman-partners-with-sed-lighting-for-new-distribution-in-france/


I am sure Megaman will be exploiting this new distribution channel with LightwaveRF products in the near future?

http://www.thetestpit.com/2014/04/review-lightwave-rf-home-automation.html

For Immediate Release)

LightwaveRF Plc
(AIM: LWRF)

Interim Results for the six months ended 31 March 2014.



LightwaveRF plc ("LightwaveRF Plc" "the Company") British specialists in Radio Frequency technologies which has created the Lightwave RF connected home platform enabling households and business to remotely operate and control household applications including lighting, heating and security using smartphones, tablets, PC and MAC applications, is pleased to announce its results for the six months to 31 March 2014.


HIGHLIGHTS

• Like for like revenue up by 250%
• New UK distribution arrangements implemented in UK
• $3.2M (circa £1.9M) forward order book at half year
• Administrative expenses reduced by 7%
• Losses substantially reduced by 70%


Commenting, Mike Lord, Chairman and CEO said:

"The first half of the year has seen a significant refocusing of the business with the implementation of our new UK distribution strategy complete. We are now very much focused on the further development of our technology in line with our strategy change announced last year with a related increase in our expenditure commitment in new product development. This is already being reflected by the much improved Apps launched this year and the successful implementation of our heating platform for Warwick University."











For further information:

Contacts:



LightwaveRF Plc
www.lightwaveRF.com
Mike Lord, CEO
+44 (0) 1902 500 562


WH Ireland Limited
www.wh-ireland.co.uk
Mike Coe/Ed Allsopp (Corporate Finance)
+44 (0) 117 945 3470
Jasper Berry (Institutional Sales)
+44 (0) 20 7220 0473



Business Review

Financial Results

Revenue for the six months ended 31 March 2014 was £1,670,993 (H1, 2013 £476,285) a 250% increase. The loss on operations and attributable to equity shareholders was £123,092 (H1, 2013 loss £408,938).

Revenue included £119,982 of licence fee and project management fee income. (H1, 2013, £25,806)

Administrative expenses incurred in the day to day running of the business were £575,261 (H1, 2013 £615,530), a 7% reduction.

As at 31 March 2014 as reported in the statement of financial position, the company does not have distributable reserves and is unable to declare a dividend.

The loss per share was 1.10 pence (H1, 2013 0.111pence).

Overview

The first half of 2014 has seen significant changes to the company. The highlights were:

• Like for like revenue up by 250%
• New UK distribution arrangements implemented in UK
• $3.2M (circa £1.9M) forward order book at half year
• Administrative expenses reduced by 7%
• Losses substantially reduced by 70%


Revenue reported is supported by a strong order book of $3.2M (circa £1.9M) which is scheduled for delivery in the second half of the year. We therefore expect full year sales to be in the order of £3.5M.

Average margins in the first half were lower at 29% due to the transfer of existing stocks to Megaman and
continued supply to existing customers at reduced margins due to the change in distribution strategy. Gross margins in the second half are expected to recover significantly. Overall gross profit was much improved at £490,539 (2013 £228,239) an increase of 115%

We have continued to develop our distribution channels in the UK with the rollout to Maplin now at 180 stores. The new distribution arrangements have also been agreed with Maplin and B&Q in the period demonstrating their continued commitment. On line retail also continues with Amazon and other on line retailers. With the Megaman presence and positioning we expect these channels to build consumer sales further over the coming months.

We are now also turning our attention to international markets to seek to create similar distribution arrangements to Megaman in the UK. Securing agreements with the right partners takes investment and time but we do expect these efforts will start to impact next financial year.

Administrative expenses in the period were reduced by £40,269 or 7%. We plan on further switching this
spend to accelerate our product development and away from general administration. We plan to further develop our expertise in Radio Frequency with more software and hardware capability. This will enable the business to have a UK centred technology development team providing creativity, flexibility, focus and speed to market through the sound LightwaveRF platform we have created.



Product Development Strategies

Our focus on product, software and app development is centred around four strategies; 1. Products (covering Lighting, electrical, Eco monitoring, heating, cooling and security), 2. Apps, 3. Cloud Services/Data Mining and 4. Licencing.

Strategy 1 - Products

The business continues to introduce at pace a broad range of radio frequency controlled devices which on final launch of the new heating range will number over 100. The key step forward with the heating products is the introduction of an enhanced LightwaveRF protocol with two way communication to enable products to report on their status and to pass on commands. We now have a comprehensive range of lighting & electrical and heating products with further development underway. These will be further complemented by additional security products and new ways of Eco monitoring later in the year. We remain differentiated from our competition by the depth of our range but also our ability to control most household devices from one App.

Strategy 2 - Apps

We have already launched significantly enhanced Apps to the market during this trading period and added heating to the Apps capability. We plan to launch our first web app with more comprehensive scheduling functions for easier set up on PC, Mac and Tablet formats. We have shown our new smart watch app at the recent Gadget Show. All of these platforms will see further investment over the coming months.

Strategy 3- Cloud Services and Data Mining

Significant investment has now been made in to our web services and data capture for the University of Warwick. We can now monitor and record a range of parameters including temperature, room occupancy and window opening. We believe that this micro and macro monitoring of data and environmental control response will create more power to the LightwaveRF cloud platform with further revenue streams.

Strategy 4- Licensing

We are now actively pursuing a further broadening of the range by embedding LightwaveRF technology in partner products creating a "Connected by LightwaveRF" range of products. Not only does this accelerate the range of control available but adds a potentially new income stream from licence arrangements.

Outlook

The management team believe strongly in reinvesting in the company's technology and brand at this stage in the companies evolution. While we are fully focussed on underlying profit and cash generation from our revenues we expect to make significant commitment to continued product development investment. The year should see a turnaround in the previous losses suffered by the business.

1325 GMT [Dow Jones]--WH Ireland rates LightwaveRF (LWRF.LN), "the only pure-play home automation company quoted in London," as a speculative buy. While "valuation at this early stage is more of an art than a science," the brokerage feels the rollout of new lighting and heating product ranges could double the share price. The home automation sector is "white hot" and it is little wonder that Google paid $3.2 billion for Nest, says WH Ireland, which has a 70p target price on LightwaveRF,

Nar1

I have noticed that no chart on the thread, so to help anyone interested some below

Thanks Panto - have you invested ?

No,
at this point the share is too speculative and not moving fast enough for my way of trading just now

RNS Number : 6276K
LightwaveRF PLC
26 June 2014



LightwaveRF Plc
(AIM: LWRF)
26 June 2014

20,000 Live User Mark and Acceptance as an Apple MFi developer.


LightwaveRF plc ("LightwaveRF Plc" "the Company"), British specialists in Radio Frequency technologies which has created the LightwaveRF connected home platform enabling households and business to remotely operate and control household applications including lighting, heating and security using smartphones, tablets, PC and MAC applications, today celebrates exceeding the 20,000 Live User Mark with acceptance as an Apple MFi developer.

LightwaveRF Plc, a specialist in connected home platforms providing a range of household products that can be remotely controlled, announces that its live user base who are regularly connecting to home devices via its App has surpassed the 20,000 mark.

In total there are over 35,000 of its wifi links in the market enabling control of its range of over 100 household products including heating, lighting and electrical applications through smartphones and other hand held devices. LightwaveRF believes that it has the broadest range of products in this fast developing market.

To celebrate this milestone LightwaveRF, following an approach by Apple, have also been accepted as an Apple MFi developer allowing it to use the Apple MFi logo to promote its products as made for iPod, iPhone and iPad.


For further information:

Contacts:



LightwaveRF Plc
www.lightwaveRF.com
Mike Lord, CEO
+44 (0) 1902 500 562


WH Ireland Limited
www.wh-ireland.co.uk
Mike Coe/Ed Allsopp (Corporate Finance)
+44 (0) 117 945 3470

Jasper Berry (Institutional Sales)
+44 (0) 20 7220 0473





This information is provided by RNS
The company news service from the London Stock Exchange

END

Was up 80% in today's session dropped back before the close tho

Major International Distribution Agreement

RNS

RNS Number : 8191K
LightwaveRF PLC
30 June 2014



LightwaveRF Plc
(AIM: LWRF)
30 June 2014
Major International Distribution Agreement

LightwaveRF plc ("LightwaveRF Plc" "the Company"), British specialists in Radio Frequency technologies which has created the LightwaveRF connected home platform enabling households and business to remotely operate and control household applications including lighting, heating and security using smartphones, tablets, PC and MAC applications, today announces signing Heads of Terms with Neonlite Electronic & Lighting (HK) to distribute the LightwaveRF range of wireless lighting controls to Neonlite's distribution network across 84 countries under their Ingenium brand.

Under the terms of the agreement Neonlite, who showed the products at the recent Frankfurt and Hong Kong Global Lighting shows, will manage the full sales, marketing and branding of a wireless lighting control product range including the LightwaveRF Wi-Fi hub. This allowsreal-time remote control and monitoring via the LightwaveRF 'Internet of things' Cloud services.

Initially targeting key marketsincluding Germany and France the product is expected to roll out to the full Neonlite network during 2015.

The agreement follows the new LightwaveRF business model with product being supplied for cash ex works therefore requiring no working capital. The detailed commercial agreement and initial sample orders are expected by the end of September.

Commenting, Chairman & CEO Mike Lord said:

"As I mentioned in my annual report we are now focused on international markets as well as the UK and I am pleased that we have had such good progress only a short time later. We expect that the impact of this agreement will substantially grow our existing volumes."


About Neonlite:

Neonlite market their products under the Megaman brand which is a global brand in high-performance, energy-efficient lighting and an innovative leader in LED and CFL lamp design, with technology targeting the best eco-lighting solutions. MEGAMAN® products are widely distributed throughout the world, including Europe, Asia Pacific, Middle East, Africa and South America, covering more than 90 countries. By setting environmental management as one of the company's highest priorities, MEGAMAN® is focusing on eco-friendly environmental processes from initial design, to manufacturing, research and development, and the disposal and recycling of its products.



For further information:

Contacts:



LightwaveRF Plc
www.lightwaveRF.com
Mike Lord, CEO
+44 (0) 1902 500 562


WH Ireland Limited
www.wh-ireland.co.uk
Mike Coe, Ed Allsopp (Corporate Finance)
+44 (0) 117 945 3470
Jasper Berry (Institutional Sales)
+44 (0) 207 220 1690

Watch this today - time to climb aboard gents !

Heating products can't be too far away now...

http://www.pocket-lint.com/news/130616-lightwaverf-smart-thermostatic-radiator-valves-give-you-individual-room-temperature-controls

hTTp://www.megaman.cc/news/events/20141103/megamans-ingenium-smart-lighting-solution-showcased-at-the-hong-kong-international-lighting-fair-2014-autumn-edition

What a day !!

http://www.megamanuk.com/lightwaverf/news/ding-dong-lightwaverf-calling!/

Interesting partners...

http://www.connectcentral.biz/

Another route to market

Found this on another thread today.

Strong finish to the day.... Anticipate the momentum will continue


MACD is positive and SP now safely over the 25 and 50 day EMA

Looks like we heading to 50p PLUS

imo

Just as I stated moving up - Anyone else on board ?