Sydney seminar Q&A, page-38

@Bodhi_Trader,

Need to be careful here.

I'm guessing Bodhi, that was you sat front row next to Odyssey360?

What came out after most had left was, in closer discussion, as I wrote earlier;

NoobieTrader was there at the time and this is, imho, the 40% figure that has been related back and forth today from last night.

This arose from a question I asked him directly w.r.t. expected margins. PC started with 30% NPAT - as that was essentially the context of my question. But very quickly realised his error and corrected that to EBITDA.

And as per the quote above, the 40% EBITDA ONLY comes with economies of scale (e.g. 1 or 2 more MOU's from bigger players).

Irrespective, a 30% EBITDA is impressive enough, let alone a 40% EBITDA.

40% of revenue as gross profit. Think about that. Simplistically, that is essentially a 60% (40/60) profit margin on OPEX.