Synodon Inc SYXXF

Margin Expansion

[schnauser]

I am certainly impressed that they managed to expand their gross margin from 50% to 76%! I wonder what it will settle at long term? That would be a good question for Adrian that he could actually probably answer.

As long as its some kind of debt, I will be happy, sir holler. but I do not have any direct business experience in such matters, so I am hedging my enthusiasm until it gets done.

[Sir_Holler]

I am certainly impressed that they managed to expand their gross margin from 50% to 76%! Read more at https://www.stockhouse.com/companies/bullboard/v.syd/synodon-inc#gtB7QWltCxzbO0qc.99 That was as of the quarter ending October. Now they have certification for the smaller helicopter which is expected to increase operating margins according to the Feb. news release. Also affecting costs may be

[techiy]

This impressive margin resulted from many sources, as everyone already mentioned most of those. Another one reason I would like to add is , they have got the same certification for Canada, as far as I remember, in probably end of 2013 or beginning of 2014. It means they are flying in a smaller helicopter in Canada in all 2014. As they have that capability for US hopefully they can add more margin

[Sir_Holler]

"I am certainly impressed that they managed to expand their gross margin from 50% to 76%!" With those kind of margins imagine the addition to profitability the two new units on order could bring.