Pyrogenesis Canada Inc T.PYR

Annual recurring revenues

[Thinkbigsti69]

“Aside from the three systems disclosed today, PyroGenesis now has eleven (11) commercial Drosrite™ systems either in full operation, delivered or in the process of being delivered,” added Mr. Pascali. “Once all eleven systems are in operation, the Company expects to benefit from a recurring revenue stream, from spare sparts alone, in excess of $4 Million per year.”

[developbc]

And the beauty is...this is just for parts alone. Maintenance $ is extra :)  

[madeinhemlo]

Yes but I think that bIt about $4m in spare parts could have been spun a little better.  I could be seen as a costly investment.  Maybe the torches need replacing monthly to maintain effectiveness.  A better explanation would be helpful.

[Aarman4]

No need to spin that one, the reason that the company came back to Pyrogenesis for MORE Drosrite systems is because they know the costs intimately, and it is a fantastic money-saving thing for them already, so they are INCREASING their number of Drosrite systems. Cheers!

[developbc]

Absolutely...Pyrogenesis is the exclusive supplier, manufacture, parts, repair etc for DROSITE and upkeep and maintenance is standard.   Oh the mere thought of the other exclusivity of torches, 3D POWDERS, PUREVAP NSIR etc etc..makes me smile every single day!  Long and strong PYROGENESIS!!

[LastZaz]

The torches do require maintenance and spare parts also. Peter has mentioned this before that torches will provide recurring revenues following sale as well.  If you mean it's a costly investment for the client, they have certainly done their due diligence and understand the costs of operation. They already have the Drosrite system there and face the same recurring charges right now