RE:RE:The whole truthAccording to the following quotes from the article @ https://seekingalpha.com/article/3460076-intermap-meet-the-latest-play-on-big-data, the margin is 50% minimum ?
As for the mapping / data acquisition aspect of the project, with Intermap's sensor, they've become very good and cost-effective at performing those activities. As a result, the margins on that will also be attractive. From there, Intermap will contract out with subcontractors (for example, with satellite suppliers) and mark that up a bit.
Net-net, management has told investors to expect gross margins to exceed 50% on this deal (and more on follow-on projects). Incremental operating margins will approach this level, due to the low level of incremental infrastructure needed to support additional deals. This is not unusual in this industry (DigitalGlobe (NYSE:DGI) garners 50% EBITDA margins). We believe Intermap has the potential to match this over time.