Cash flows, in and out, are substantial, and although some details of particular costs have been provided there clearly remains a lot of opaqueness to the flows. I presume this is done to both conceal cost and revenue from competition and to comply with Eagleview arrangement, obviously its an ongoing frustration to shareholders and potential investors.
Notwithstanding my frustration the report reads well and suggests there will be a ratcheting up of revenue from here on. But its been a long hard road. And exactly how much revenue is being earned from Eagleview remains a mystery!
Presumably the final STC approval for FAA will take another 6 months or so (based on past approvals from CASA to FAA), thus assumedly full benefits to latest new improved camera optics won't be available in the USA, unless I'm mistaken- SFI word all reports very deftly so i don't believe everything i read the first time!
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