High-Margin Business Model
WiLAN's business model can generate high margins. Even with investment in litigation, which is sometimes necessary, WiLAN's operations can generate significant cash flow. Once a license agreement is signed, the costs associated with collecting revenue from that agreement are minimal. In addition, business expenses are predominantly associated with identifying and securing future revenue streams.
Solid Track Record of Revenue Growth
Since focusing its business on generating annual revenue from licensing intellectual property in 2006, WiLAN has increased revenue from under $2 million to more than $102 million in 2015. That works out to a compound annual growth rate of greater than 56%.
Robust Growth Strategy
WiLAN's strategy is to grow revenues from existing licensing programs, new licensing programs and from licensing partnerships.
Strong Financial Position
With USD $103.2 million in cash and no debt, WiLAN has a very strong financial position from which to pursue its growth objectives.
Income & Growth
Expanding Income & Growth
WiLAN declared its first dividend in June 2009. WiLAN's current annual eligible dividend is CDN $0.05 per share.