If Bmore says $26 million over 3 years; and BFDI gets 40% of total, or Baltimore gets 60% of total and 60% of total is projected to equal $26 million over 3 yrs that's about $5.8million gross revenue per year over 3 years for BFDI
26m / 3 years = $8.6m
60% of X = $8.6m
X = $14.4m
$14.4 - $8.6 = $5.8mm per year for BFDI
Are you sure that's how Baltimore's accounting works? I was thinking the total speed camera revenue forecast is $26M, with 60% going to the city and 40% going to the vendor. That would equal about $4.5M per year for BFDI, which isn't bad considering the company's total revenue was $16.7M in 2011.