Infrastructure Materials Corp IFAM

Metals & Mining Industrial Metals & Minerals

Infrastructure Materials Corp. is an exploration-stage company. The Company is engaged in the acquisition and exploration of mineral properties. The Company is focused on the exploration and development of limestone and precious metals from its claims in the State of Nevada. The Company's subsidiaries include Infrastructure Materials Corp US (IMC US), Silver Reserve Corp. (SRC) and Canadian Infrastructure Corp. The Company's limestone assets are held by its subsidiary, IMC US. IMC US controls over two limestone projects in Nevada, made up of approximately 70 mineral claims and covering approximately 1,405 acres on land owned or controlled by the United States Department of Interior Bureau of Land Management (the BLM). SRC has a milling facility located in Mina, Nevada on over six BLM mill site claims covering approximately 30 acres. SRC is focused on the Clay Peters Project.

GREY:IFAM - Post by User

Infrastructure Materials Corp

Bullboard Posts

Comment by The_Hawkon Aug 21, 2000 9:13pm

155 Views

Post# 2358942

RE: Deferred revenue and IFM's performance

You have to remember that IFM's revenue is now in excess of 80% recurring based on transactional activity. This may not show up on the balance sheet because the customer pays as they go but there is an underlying contract that commits the customer for a long time. If you look at the e route contract the commitment is for ten years. These other companies are not paid by transaction in many cases so then you see the contractual commitiment in the form of deferred revenue. The meaningful number that I have seen improve in the case of IFM is EBITDA which they are forcasting to be in excess of 20% of sales and has exceeded 15% last quarter. My sources say watch out come September when there is an audience to receive releases as there will be lots of action with IFM. Cheers

Bullboard Posts

Revolutionizing medical imaging with nanocarbon-based contrast drugs