BCC beam communications holdings limited

Solid numbers and great outlook.Europe expansion looks good and...

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    Solid numbers and great outlook.

    Europe expansion looks good and not far away! Good set of countries to launch in to.

    As a result, the royalty payment to Beam (that is based on 70% of gross subscription margin from customers in its
    territories) has grown exponentially, although off a modest base and accounting for the lag effect of subscription
    revenue. But as this subscription base builds, Beam’s EBITDA margin is expected to expand materially.
 
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