Haven't received a response on my query so far so just in case some missed it since a new thread was started shortly after I posted my query, here it is again:
"Anyone have any idea what their operating costs are to provide their monitoring service or other services? $120000 revenue for 5 first year contracts ($24,000 per contract) doesn't sound like very much and doesn't tell us very much unless we know what the cost is to provide that service. They would need to win a lot of contracts before it has a real impact on the bottom line after total company expenses.
Don't get me wrong, I've been accumulating and I see a lot of potential if they can start winning some international contracts because it looks like that's where the real growth story is but just need to get a better understanding of their profit margins."
I've had a closer look at the last Annual Report but didnt have much luck getting any info on my specific query above. Hopefully other more knowledgeable shareholders can help.
EVS Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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