Re: PACER digEcor
in response to
by
posted on
Nov 25, 2008 04:24AM
Vastly improving numbers based on IP efforts via DM indicate a turn in the right direction. This was only the effect of the first settlement.
Gross profit for Q2 2009 was $1.2 million or 65% of revenues, compared to $597,000 or 26% of revenues for the same period a year ago. The improved gross profit percentage resulted from higher margin patent license revenue.
Operating income for Q2 2009 was $400,000 compared to an operating loss of $91,000 in the prior year’s Q2. The $491,000 improvement in operating income was attributable to the patent license revenue recorded in the second fiscal quarter.
I see an improving bottom line that looks to continue to improve...now do we think this first look at the potential of DM's efforts on our behalf won't continue on this course, and if so, EDIG can eliminate debt and the need to further dilute...and reinvent itself going forward....all efforts that will move the pps north.
And should that first big win hit, it will happen that much faster.