Moelis Broker Report, page-3

rjsimps - fantastic info! Thanks for sharing, mate!! Only last week I roughly threw some numbers together in another thread (based on raw assumptions) to get a feel for what the US revenue might look like. This report is GOLD!! They seem to be pretty sure about the US$5/square mile. That's much more than I hoped for (although the capacity of each Spookfish system appears to be about a tenth of what they suggest on their website). All in all there's a massive potential for significant annual earnings growth, and we're not even calculating in other revenue sources (e.g. China). For example, there's the increase in the proportion of aircraft decked out with SFI systems (from 10 to 115), the increase in capacity of the SFI system per day from 1000 sq miles to 10,000 sq miles (if the info on the SFI website is to be believed), the increase in the revenue share, the infiltration of other markets, the increase in Australian market share etc. Great stuff. Thanks again!