Saturday, May 22, 2021 10:27:27 AM
BOTS INCORPORATED COMPLETES I.P. PORTFOLIO OF BITCOIN ATM PATENTS; WILL PROCEED LICENSING TO THE INDUSTRY: PROJECTS $30 MILLION IN YEARLY REVENUES.
After only a month, these numbers are now out of date. According to CoinATMradar, there are now 17,684 ATM locations in the US. Using the above estimates...
At $20 million/yr & 16,000 ATM installations
16,000 ATM's x 130 transactions/mo x 12 months = 24,960,000 trans/yr
$20,000,000 / 24,960,000 transactions = $.80/transaction
At $35 million/yr & 16,000 ATM installations
16,000 ATM's x 180 transactions/mo x 12 months = 34,560,000 trans/yr
$35,000,000 / 34,560,000 trans = $1.00/trans
...Using the same low and high end estimation method with 17,684 ATM's
Low End
17,684 ATM's x 130 trans/mo x 12 months = 27,587,040 trans/yr
27,587,040 trans/yr x $.80/trans = $22,069,632
High End
17,684 ATM's x 180 trans/mo x 12 months = 38,197,440 trans/yr
38,197,440 trans/yr x $1.00/trans = $38,197,440
The point is, at the current rate of growth in number of ATM's, the estimates will grow by $2 million/month on the low end and $3 million/month at the high end. Consequently, by year end (7 months from now) we could be looking at $36 to $59 million/yr in potential revenue just from the ATM Patents alone.
This methodology may be useful in tracking revenue as Bot's implements its ATM patent enforcement.
Les
Recent BTZI News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:00:04 PM
- Form C-AR - Annual Report • Edgar (US Regulatory) • 05/31/2024 02:50:06 PM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM