So that's $13,500,000 in revenue to IPTK. My favorite thing here is the business model. They are willing to give the system to the airlines; it's that inexpensive. The podcast said one booking per flight would pay the airlines back for the system. So once the system was installed there would be no expense to IPTK other than the cost of being in business as a public company. No maintenance, no large jump in employees, no expansion of facilities as they grow. Margins would be very high so lets say net income from operations becomes $12,500,000 on the above basis. There's 161,000,000 shares outstanding as of the last filing. So earnings would be .077 share.
Rare, imo, to find a business model that can generate margins that high. Am I too optimistic with what they'd get per passenger? Ok, cut my estimate in half and they'd get .0385 per share. Of course the possibility exists that they'd get more, both in terms of passengers and revenue sharing. Potential cash cow here. Lufthansa "whitelisting" their system and using it now a huge development, imo
This iridium-next modem from Lufthansa uses the fflya system
"Safer, powered, Iridium NEXT-connected BoardConnect Portable unveiled"
https://runwaygirlnetwork.com/2017/10/10/lhs-lht-combine-for-safer-powered-iridium-next-connected-boardconnect-portable/
More IPTK dd
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=136545761
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=136531719
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=127769028
Podcast is in this article, give a listen. It's about 1/2 hour
https://runwaygirlnetwork.com/2017/11/29/paxex-podcast-bending-bluetooth-to-become-an-onboard-network/
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM