I got some confusions here. On a sale of 84 million we get royality of 17 million aud @ .625 cent conversion and at 380 million it will be 62 million @.65 cents
The royality is coming around 12.64% and it should be around 74 million.
If anyone can correcte here
1. Is that royality increases with increase in sale or decrease with increase in sale??
2. Is there will be part of sale where royality will be below 10%
3. Is that 12.64% royality is what NEU claimed as contract.
thanks in advance.
dyor
Ann: DAYBUE Q1 2025 net sales US$84.6m up 11% from Q1 2024, page-40
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