Optec International Inc (OPTI)

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The aftermarket product industry, in which OPTEC participates, is slated to grow to over $847B in 2022. Products offered target the passenger, commercial, fleet, motorcycle, and electric scooter markets.

A recent royalty agreement should generate more than $10M in top-line over the next 3 years. OPTEC has just entered the commercialization phase and is in the best position in company history.

A combination of royalty and product sales could result in $4M and $14M in revenue for 2019 and 2020, respectively. Since royalty revenue has little to no COGS, operating profit could reach $5M in 2020.