Wilan 4 Yr Average Gross Margin Means Sell Wilan subsidiary...After the Apple settlement.
I used 2018 and 2017 FS (in $US) and converted at 1.25. I have done this quickly, so anyone that has their own long term spreadsheet with accurate numbers, please feel free to correct mine.
2017 to 2020 Ave Annual Gross Margin = $42,443 Cdn
This is before below the line, Opex.
Average Annual Opex (incl non-cash) = $65,498. A good/ reasonable % of this would be attributable to Wilan.
The BoD needs an overhaul.
Wilan must be sold to a more efficient patent licensing operator. Based on my rough #'s, Wilan does not seem to be efficient at all.