I would love to see licensing revenue in excess of $1-2 per unit, however IMO it is not likely. I think a review of the royalty/licensing payments received to date (B&O & Musical) would result in e.Digital being lucky to receive $1-2 per unit.
I am disappointed that the subscription opportunities seemed to have been scrapped. IMO, this would have provided not only additional marketing opportunities, but the possibility of a recurring revenue stream. I think the bundling of a subscription service with the device would have increased the licensing revenue, without sacrificing margins.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.