A long overdue update on a core holding.
What is the math here? It is not clear to me: "Over the last 12 quarters Absorica revenue has averaged 1.43 million or 5.72 annualised.
Using the standard 15% we get 76.2 million potential"
It's the 5.72 divided by 7.5%, or CPH half of the royalty. The 5.72 is what CPH currently recognizes as revenue.
Hope that helps.
Thanks for the update work.
There seems to be a note to self in there: "INSERT CHART" :)
Lol thanks. I added it now. I should know better than to be editing posts right before bed. Thanks for mentioning it.
What is the math here? It is not clear to me: "Over the last 12 quarters Absorica revenue has averaged 1.43 million or 5.72 annualised.
Using the standard 15% we get 76.2 million potential"
It's the 5.72 divided by 7.5%, or CPH half of the royalty. The 5.72 is what CPH currently recognizes as revenue.
Hope that helps.
Thanks for the update work.
There seems to be a note to self in there: "INSERT CHART" :)
Lol thanks. I added it now. I should know better than to be editing posts right before bed. Thanks for mentioning it.