LDX lumos diagnostics holdings limited

Ann: Half Year Results Investor Presentation, page-37

  1. 3,506 Posts.
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    You say simple question and yet people in accounting firms get paid big $$$ to answer these questions. I mean, we both say yes. Im saying it wont get fully recognised in this HY. Considering before today, you didnt even know you can spread revenue over-time or the benefits of doing so, I would hope for the business sake to consider believing me

    Same revenue recognition principles apply to IP, just more complex when categorising the IP
    https://www.nexia.com.au/news/accounting/applying-aasb-15-technology

    Enjoy, thats all and I guess we will wait and see.

 
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