e.Digital Corporation (fka EDIG)

[But Anyway]

bomba,

DigitalWay "opened" their books.

In 2001 they did about $24 million in sales (that is USD), which was down approximately 30% from 2000.

Their gross margin was about 15%.

Their operating margin was about 10%.

Although their sales dropped off in 2001, DigitalWay is by all means a fast growing company. To their credit, although revenues were falling YoY, their gross and operating margins expanded; a indisputable sign of prudent and forward-thinking management able to adapt with economic and industry-related changes by implementing cost savings initiatives.

So when you say EDIG could generate 15-20 million in revenues alone from one product, well, that is just fanciful on your part.

e.Digital would be a wild success story if the generated one tenth of that from one product line.

Link to DigitalWay financial statements:
http://www.digitalway.co.kr/english/ir/ir_financial.html

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