The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Eric Pizant - - Analyst
: Hi. Hi, Brent. Hi, Dylan. I just wanted to congratulate you on the royalty growth, which is, as a long-time shareholder, something I've been watching
for many, many years. And now that we're firmly above $1 million, Dylan, you referred to anticipating material increases in royalty. Do you guys
have internal measures for that? How do you define material internally when you've really come quite a long way in the last few years for percentage
gains? Do you still anticipate single-digit growth on that royalty, or can we expect double-digit growth for a couple years before we lower that
down?
Question: Eric Pizant - - Analyst
: Yeah, I mean, that's why I wonder where those royalties can go because that really is a -- it's kind of a new era for the company. A lot of the
partnerships that you guys have currently don't seem to have those kind of volumes and names involved with the production. So I mean, can we
expect -- how material is material, I guess? But I guess we're just going to have to wait and see it roll in.
Question: Eric Pizant - - Analyst
: Is that part of the company being recognized in the pursuits that you've had in the capital markets? Is that something that you and your team focus
on? Because that has always, for me, been a key pillar of the company's future. And we really seem to be at a point where it's going to be lift-off
here for royalties, and the embedded nature of those royalties is so attractive to the markets. And that's -- is that something you guys are talking
about?
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DECEMBER 15, 2023 / 3:00PM, ENW.V - Q4 2023 Enwave Corp Earnings Call
Question: Eric Pizant - - Analyst
: Yeah, well, again, you've -- I really am looking forward to 2024. It sounds like you've got a lot on your plate. So I wish you all well, and we'll see what
you guys come up with. Thanks again.
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