Secure Point Technologies Inc (fka IMSCQ)

[tedpeele]

260 TSA units:
22.3k * 260 = $5.8m revs, 32% margins = $1.85m gross profit

Remainder: $4.5m revs, 45% margins = 2.0m gross profit

https://finance.yahoo.com/q/is?s=IMSC

I thought they said they were cutting costs more, and thinking they might be able to get them down to 15k per unit. If so, then the math works on a unit price of $22.3k for 260 units.

That said, it may be that 25k is closer to reality than 20k, no way to calculate for certain. But it could also go the other way: What if the 'Remainder' was higher margin like 55% due to inclusion of maintenance? Then we could have this:

290 TSA units:
20k * 290 = $5.8m revs, 24% margins = $1.37m gross profit

Remainder: $4.5m revs, 55% margins = 2.48m gross profit

Even if 25k is the best guess, it doesn't bode well for our bottom line. Who ever would have thought 25k a year ago?