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Message: Re: e.DIGITAL ANNOUNCES Q2 2009 FINANCIAL RESULTS

Sorry to be late to the party...had a glass or two of wine with the minister a fwe hours ago and he is as charming an individual as I imagined.

I have just skimmed the pr and the most outstanding piece of information is how much higher the margins are on IP infringement cases.

Gross profit for Q2 2009 was $1.2 million or 65% of revenues, compared to $597,000 or 26% of revenues for the same period a year ago. The improved gross profit percentage resulted from higher margin patent license revenue.

Gotta run....184 times....a long way to go.

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Nov 16, 2008 03:20AM
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