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Smart Marine Systems Ltd Company Snapshot
Smart Marine Systems Ltd Formerly known as Shark Mitigation Systems Ltd. Smart Marine Systems Limited, formerly Shark Mitigation Systems Limited, is an Australia-based company engaged in the design and development of shark mitigation and ocean technology. The Company's segments include SAMS and Clever Buoy. The SAMS is a visual deterrent technology. The SAMS technology is focused on the visual systems of large predatory sharks. The Company licenses the SAMS technology to surfing and ocean apparel brands. The Clever Buoy is a shark detection technology and consumer warning system. The Clever Buoy is a near shore shark detection system that utilizes sonar and a software to identify sharks. It provides alerts to beach safety authorities. The Clever Buoy technology has global application in providing beach users and researchers with critical location and environmental information. The Clever Buoy system uses a non-invasive technology solution to create a virtual shark net to detect sharks and alert the appropriate authorities and/or beach users.

Sales Analysis. Sales fell dramatically in 2019: During the year ended June of 2019, sales at Smart Marine Systems Ltd were A$11,747.00 (US$8.01 thousand). This is a sharp decrease of 79.5% versus 2018, when the company's sales were A$57,222.00 .
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Smart Marine Systems Ltd
  Stock Performance Chart for Smart Marine Systems Ltd
  Stock Data: Recent Stock Performance:
  Current Price (12/6/2019): .04
(Figures in Australian Dollars)
1 Week -23.9%   13 Weeks 31.9%  
4 Weeks 46.6%   52 Weeks 80.9%  
Smart Marine Systems Ltd Key Data:
  Ticker: SM8 Country: Australia
  Exchanges: Major Industry: Capital Goods
    Sub Industry: Search & Navigation Equipment
  2019 Sales 11,747
(Year Ending Jan 2020).
Employees: N/A
  Currency: Australian Dollars Market Cap: 10,206,817
  Fiscal Yr Ends: June Shares Outstanding: 268,600,457
  Share Type: Ordinary Closely Held Shares: 77,800,285
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