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Thursday, March 21, 2024 9:54:24 AM
Established in 2002, Coreoptics has produced over 8,600 precision machines...
Core optics revenue as ismedia was as high as i think 58 million annually as i recall . The filings for ismedia are out there on DART - Repository of Korea's Corporate Filings. They traded as high as 32 dollars a share when Rani Zuckerberg ( Marks sister ) took a position with isMedia . They went public in 2017 and based on charts came out at 5 dollars a share . I believe it was in 2022 they traded at 18 dollars . Having said that thier filing show they do make money annually . How CRTG will do with this line of products that Core Optics purchased from ismedia i believe can potencially be better since Dr Kim the to be new CEO of the new company has positioned them to be more invovled in the CCM auto industry space and the ToF camera module products according to Dr Kim seem to be on the verge of growth in that market .
So how does their revenue stream work Thats a great question because they obviously have made money . They do develop software that goes with these products as well im wondering if their products are licenced to a company that uses them . That exactly what The Coretec Group is talking about doing with their silicon anode material , not selling it outright but they said they could licence it which costs like a million up front in some cases and revenue yearly from that licencing agreement . Not sure how they do it but they have been producing good annual revenue under ismedia . We will know more soon . I guess we can start googling to see how tech companys make revenue from their software and machines both of which Core Optics has in their product line .
Recent CRTG News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 03:07:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 02:51:56 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/08/2023 06:06:14 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/31/2023 10:43:10 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/31/2023 10:41:54 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/31/2023 10:40:37 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/31/2023 10:38:33 PM
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