Investors: Press Release
GeckoSystems Reveals Their Mobile Robot Solutions' Revenue Forecasts
CONYERS, Ga., Apr. 7, 2010 -- GeckoSystems Intl. Corp. (PINKSHEETS: GCKO) -- -- reported today that while they consider the business-to-business (B2B) market place to be more risk averse than the consumer, that despite that reality, they have some forecasts as to what those licensing revenues could realistically become. GeckoSystems is a dynamic leader in the emerging mobile robotics industry revolutionizing their development and usage with "Mobile Robot Solutions for Safety, Security, and Service".
"In the past we have only forecasted our revenues from the business-to-consumer (B2C) marketplace. Just as consumers were the early adopters when the first personal computers were introduced, we expect consumers, again, to adopt in significant volumes before corporate America. Nonetheless, while the consumer market is larger than the professional healthcare, commercial security, and public safety markets, combined, we expect those markets to add another 50% in gross revenues to our B2C forecasts in the first three years and only 33% additional in years four and five. This is particularly interesting since the cost of sales for these additional B2B revenue streams is less than half of that for consumer. The reality is that all R&D expenses are charged against consumer sales while only incremental costs of sales and supporting the B2B sales are charged against B2B revenues.
"For example, should GeckoSystems enjoy a 50% gross margin on consumer sales, it is possible, if not probable, that B2B sales would enjoy an 80% gross margin. So if we hold total B2B revenues to only one half of that of B2C (for the first three years), those forecasts would be, from these B2B market segments only, of $11.0M, $22.0M, $88M, $146.7M, and $234.7M, respectively. Further, our net profit after taxes could climb from our projected 20% to over 30%. These additional B2B revenues could push our gross revenues to over $900 million annually by June 31, 2016. While we are not relying heavily on B2B revenues, recently we have started soliciting in those marketplaces at RoboticsTrends.com. For the foregoing reasons and many others, we expect our numerous B2B opportunities to further increase ROI for our investors," opined Martin Spencer, President/CEO, GeckoSystems.
The foregoing discussion does not include any international revenues whatsoever.
About Robotics Trends:
Robotics Trends, a division of EH Publishing, Inc., is the world's first integrated media firm serving the burgeoning personal, service and mobile robotics marketplace. They produce the "Robotics Trends" portal (http://www.roboticstrends.com), an online news, information and analysis portal focused on business and technology trends for people who build, buy, invest in, and seek to understand the personal, service, mobile and military robotics market.