RE:RE:The significance of growing royalties.I've owned shares in Enwave from at least July, 2016. I think this buy was a second purchase. Over all this time , people /analysts have discussed royalties.
In a Cormark report from February 21st , 2017 , there were estimates of $250,000 for a large scale machine and $20,000 for a 10kW machine and how that would lead to an EBITDA improvement and subsequent higher stock valuation.
It's now 2021 and as Benedictus points out royalties are
"2019 $735K
2020. $835K (13.6% YoY growth)
Q1 21 $320K
Q2 21 $163K"
Fool me , fool me twice?
I believe we eventually get there but I am not counting on it anytime soon.
Still a possibleidiot who believes.