RE:profit marginFrom what I read that royalty is applied to the NET profit...after costs...so it's 19% of your 69 profit not 19% off the 100% revenues. Imp take should be higher than 50%.... Loans and interest are also costs.... My interpretation...
tankingfrank wrote:
is in the 60-80 range .. if we assume 69% take the royalty off and intermap will get 50% .. which is somwhere close to 120 million cdn. and there is potential for more deals,