assuming everything stays the same this qtr compared to last; no growth, margins, etc, we will do 240K+ more coin certs. The avg ticket price was $16+ last qtr and a 10% increase was instituted this qtr. After gross margin of 60%, that is about $2.5M+ in extra profits before tax. Probably $3.5M on a cash flow basis. Enough to cover the dividend and then some
Historically, at high run rates, coin gross margins were 67%. PSA looks to be growing and so is Europe/Asia.