Unfortunately the sales in those Asian channels mean biscuits to...

Unfortunately the sales in those Asian channels mean biscuits to us. They sell them very cheap kits, and then they put them together locally and make a small profit.

Very little profit goes back to Vmoto based on the kits being sold to charged and others.

Someone recently did some analysis on this. https://www.autoevolution.com/news/the-curious-case-of-vmoto-s-cpx-branding-marketing-and-location-impact-vehicle-prices-219773.html

I.e "You may be aware of the Super Soco CPX, considering it's even been seen around MotoGP tracks. If you're not, take time to have a look at the Super Soco branded EV in the image gallery. After you do, compare it to Charged's Rimau, the other two-wheeler with less flashiness from the image gallery. So, what do you see?I'll tell you what I saw. The same damned machine and the only difference is a bit of bodywork, attention to branding, and a bit more power. What's more mindboggling is the fact that the price difference between the two machines is of $2,000 or more. Why? That's what we're here to explore...."

I'm not expecting any financial breakthroughs with the Asian deals. Benefits for us are long into the future.