Eurocontrol Technics Ord EUCTF

RE:XENEMETRIX revenues

[kidl2]

Xenemetrix’s past performance can largely be attributed to EUO’s choice of capital allocation over the last few years. Whatever extra money was available,  went largely into GFI’s sales and marketing efforts leaving very little to nothing for R&D. Xenemetrix was essentially nothing more than a “convenient” GFI supplier.
 
All this changed last year as a result of the SICPA deal. Millions started to flow into Xenemetrix and XwinSys R&D which seemingly resulted in the completion of Onyx and from the looks of it, paid for update and expansion of  Xenemetrix’s product offering.
 
Whether or not this was a smart move will become blatantly obvious in the next few quarters and should actually decide the fate of EUO’s two highest paid employees. That is if the BOD chooses to apply normal business principals ...