Hi Find8,
Great to hear the anecdote about your cousin. Unfortunately, I doubt he'll provide an audited set of accounts. 90% gross margin is naturally achievable, but we are talking net margins. There is a cost to develop and stay ahead of competitors unless able to keep them at bay with a patent.
Also, it would be an unusual philanthropist who would publicly list a real cash cow.
As for the contracted margins - where have we been told what those margins are? The half year report is hardly a good resource for uncovering real margins on a transforming business.
I am impressed at your loyalty to the companies you follow. Somebody has just offered to sell me technology that turns straw into gold. I just need 1000 loyal shareholders like yourself to front up with $100k each so I can purchase the technology and list it. I already have agreements to purchase the gold....
ETC
entertainment media & telecoms corporation limited