Two points to consider:
1) A lot of Trophon 1 were wholey owned and may be traded in for a 2. That means they will pay for an upgrade to 2 and NAN gets to refurbish and sell the 1 into other less regulated markets competitively. These are also high margin sales as the customers are already found with high sales efficiency.
2) The leased 1's will again be available and the 2's will be leased at a higher rate for the better functions. The 2's are probably a bit more reliable so the service contract may have better margins as well.
Both point to more income either one off or ongoing.
All IMHO
Two points to consider: 1) A lot of Trophon 1 were wholey owned...
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$3.31 |
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