No worries and I definitely agree with you. 50% was fairly conservative in my opinion. Have said it around these parts before. With our R&D (for current products) essentially complete, and having no manufacturing expenses, really we should only be looking at salaries, legal, and marketing as our main expenses for the next while.
Good thing is all of our expenses are essentially fixed so cover those off and at that point all revenue becomes straight PBTso the larger our revenues get, the greater our margins.
(excluding jct of course)
Ann: Former Intel Capital MD appointed & Company Update-XPE.AX, page-184
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