RE:Back to the News release! *also did some digging. I thought your "1 ticket per camera per day" sounded too good to be true, but I just googled this from one of GSI.V's competitors. It really is that frequent, wow..
"According to the 2013 National Stop-arm Violation Count conducted by the National Association of State Directors of Pupil Transportation (NASDPTS), over 108,000 school bus drivers in 29 participating states reported that 85,279 vehicles passed their buses illegally on a single day."
https://www.seon.com/stop-arm-enforcement
though I guess the other concern is there is definitely competititon in this market, and it's possible the revenue sharing is closer to 25% now to stay competitive. Or maybe it really is a white space market since the 50% cut on revenue sharingwas a figure that DD threw out just a few years ago.
Love that DD released this detail, I don't believe this was mentioned even in the investor slide presentation