Broadening its target market with the 2024 introduction of subscription-based software application Aster, LGMK believes Aster illustrates how well it can leverage its technology to launch new Internet of Things (IoT) solutions to help ensure safety for a broadening group of users. LGMK envisions a broad market for Aster, ranging from college students concerned about their on-campus security, real estate agents showing houses alone, active seniors and others. With Aster and other solutions under development, we expect LGMK's innovations to contribute to its continued operating momentum. At the same time, expanding its distribution channels, with greater emphasis on DTC & online, is expected to lower CAC over time.
