OTCPK:EUCTF - Post by User
Comment by
lscfaon Sep 07, 2015 9:14am
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Post# 24083347
RE:Royalty Base Will nearly double
RE:Royalty Base Will nearly doubleWrong. It will triple.
"Worth noting too is the fact the GFI's turnover is mechanically going to grow significantly due to the fact that for the first time since its creation, its revenue will include the operational side of the oil marking contracts that represents on average a ratio of one-third / two-thirds in terms of turnover, the latter representing the operational component of the revenues." Read more at https://www.stockhouse.com/news/press-releases/2015/08/27/eurocontrol-files-second-quarter-financials-and-provides-further-information-on#JgVEdrRAf7AfmPva.99 dublebad wrote: In addition to more quickly market penetration by Sicpa, there is another significant addition to the royalty base.
Currently, the royalty is based solely on the provision of the Petromark technology.
The royalty deal with Sicpa will have the royalty based on the combination of the Petromark technology plus the logistics of operating these fuel marking projects .
This will effectively double the royalty base. Such royalty income will be essentially costless, equivalent to about gross revenue that is 5 times greater, at the 20 % operating margin.