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30/04/18
20:16
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Originally posted by The_Lionheart
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IMO:
These reports belie a sleeping giant.
P&G are notorious for late payments.
What we received "During" any quarter is not reflective of results from that quarter.
I strongly believe there is a massive lagging factor in revenue to these Quarterly, and the lag will provide much higher revenues as each quarter reports. It could be 2-3 or more quarterly reports before we see a true reflection of what actual sales were in what we call the last quarter.
WHY? - P&G as usual only just paid 300k from potentially 1 Year ago - the"September Quarter" - and P&G is where all our 6 products are at present. That quarter was the one leading up to Sep 2017, and Today is near enough June 1st 2018.
That's potentially a year behind payments, and at a time when more than one product was barely in launch stage . That 300K is from a year ago is from far lower volume, in far fewer markets than today.
"This includes $296,120, being a delayed payment relating to September quarter"
Bodygaurd and Bodycare do not need to be the cornerstone of this company.
They are a fantastic method of diversification, just as with all the other products underway.
If bodycare takes a lot longer to market because of IPBU so be it, as our competitors will take even longer, its just one layer of revenue(granted fantastic) in the portfolio, and whilst that happens:
BodyGuard, surface hygiene, P&G with its micro array products (6 in market now, more confirmed), P&G products with the second technology, The multiple "confidential" clients products and more will be on market already.
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I believe it takes 2quarters for royalties to be reported so the royalties reported today would have been sales up to and ending october. So the next quarterly will be for nov-jan i believe. Someone please correct me if im wrong