BCC 3.57% 14.5¢ beam communications holdings limited

Ann: Record FY2022 Revenue with Growth to Accelerate in FY2023, page-3

  1. 4,169 Posts.
    lightbulb Created with Sketch. 454
    Good to see a UK dist on board and some numbers against recurring royalties, but......
    Given current number of ZOLEO's in market (3.5k) is say $750k in revenue to Beam.
    Let's assume that 5k is roughly $1m in revenue.
    Now Roadpost must have about 50k units in market given we've delivered 91k overall.
    So is Roadpost making $10m in royalty revenue off ZOLEO while we can't make $1m yet?
    Is this the worst JV ever?
 
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