Australia's largest stock trading and investment forum Australia's #1 stock forum

BRN

0.00%

31.0¢ brainchip holdings ltd

LDN Speech on Q4 Update, page-72

First 72 Last

Share
Profile

Follow
myASX

6,926 Posts.

515

06/02/18

14:28

Post #: 30857563
Share

Originally posted by cyberworks ↑

So what sort of money is involved in the revenue sharing deal struck between BRN and GPIC?

While Louis hasn't told us much about what fees BRN would receive, per table or per casino, under the above revenue sharing deal; according to his comments the Global Addressable Market of US$200 million annually for video analytic solutions reflected these fees. And if this is the case ….WOW!!

Using the back of the envelope, BRN's revenue based on total fees per casino should be in the ballpark of US $57,000 annually (GAM $US200M/3500 total casinos worldwide) . That equates to say a perpetual lease fee to BRN per gaming table installed with GPIC's Automated Table Solution of US$3,333 pa (GAM $US200M/60,000 gaming tables worldwide).

Therefore, even if GPIC finds the take up of this new tech very sluggish in the first year and only does a complete roll out to say 10 casinos that's still an estimated US$570,000 pa. revenue share to BRN (US200m/3500*10).

You would hope GPIC are designing the new ATS to be easily retrofitted into existing tables using their RFID tech and maybe even other gaming tables that are currently not. Aah perhaps not. One would hope that retrofitting will be easy. The way I see it the whole issue of ease of retrofitting will determine the size of the rocket under the take up of the new ATS.

Please accept that the above is based on some very simple assumptions. At the very best it may only give a rough indication that under this deal with GPIC returns to BRN could be potentially massive!!

Expand

What are you estimating the split between BRN and GPI is??

BRN Price at posting: 18.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

IMA

Issues emerging as Australian companies tackle critical minerals challenge

Tonight's US CPI data could set the tone for November. What are markets expecting?

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

ARB

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

OCT

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ARV

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

There are more pages in this discussion • 9 more messages in this thread...

First 72 Last

Add BRN (ASX) to my watchlist

(20min delay)
Last 31.0¢		Change 0.000(0.00%)		Mkt cap ! $608.3M

Open	High	Low	Value	Volume
30.5¢	32.5¢	29.5¢	$8.006M	26.05M

Buyers (Bids)

No.	Vol.	Price($)
8	1183664	30.5¢

Sellers (Offers)

Price($)	Vol.	No.
31.0¢	549396	12

View Market Depth

No.	Vol.	Price($)
8	1183664	0.305
18	1222606	0.300
33	1236157	0.295
39	2728227	0.290
27	1052785	0.285

Price($)	Vol.	No.
0.310	549396	12
0.315	525203	13
0.320	1053248	23
0.325	820990	26
0.330	571648	21

Last trade - 16.10pm 11/10/2024 (20 minute delay)

BRN (ASX) Chart

LDN Speech on Q4 Update, page-72

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Issues emerging as Australian companies tackle critical minerals challenge

Tonight's US CPI data could set the tone for November. What are markets expecting?

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

LDN Speech on Q4 Update, page-72

Top Stories

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Issues emerging as Australian companies tackle critical minerals challenge

Tonight's US CPI data could set the tone for November. What are markets expecting?

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News