MYX mayne pharma group limited

Earnings FY 2023

  1. 336 Posts.
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    MYX will report a significant profit for FY2023 of around $290M on the back of asset sales. The HY result was not the consolidated P&L.I'm wondering how much this is priced in to the current share price.
    CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME

    FOR THE HALF-YEAR ENDED 31 DECEMBER 2022 Notes 31 December
    2022 $’000
    31 December
    2021 $’000
    Continuing operations
    Sale of goods
    86566136760
    Services revenue 1407213371
    Royalties revenue 395267
    License fees 132-
    Revenue 101165150398
    Cost of sales -93273-85792
    Gross profit 789264606
    Interest income 2682367
    Other income 28274157
    Earn-out and deferred consideration liabilities reassessments 34632052
    Research and development expenses -8379-7195
    Marketing and distribution expenses -64113-46448
    Administrative and other expenses -67066-60479
    Asset impairments -14078-56007
    Finance expenses - other -6867-5295
    Foreign exchange (losses) / gains related to financing activities -13883-276
    Finance expenses – related to earn-outs & deferred consideration liabilities including discount unwind -5898-9519
    Net (loss) / profit before income tax -166537-84037
    Income tax credit / (expense) 3736217721
    Net (loss) / profit for the period from continuing operations -129175-66316
    Discontinued operations
    Profit after tax for the period from discontinued operations 41910115719
    Net (loss) / profit for the period 289927-50597
    Attributable to:
    Equity holders of the Parent 290020-50370
    Non-controlling interests -93-227

    289927-50597

 
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