MYX mayne pharma group limited

I agree D this Board and Management team are back on track and...

  1. 335 Posts.
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    I agree D this Board and Management team are back on track and delivering on promises after 4 mths.

    Here's my take from the AGM

    Capital spend is back under control cash balance increased from $163M to $163.9M in October. No cash burn.
    Because there was a 1st qrt update as well as 4mths update we can see what happened in the month of October. I love this clarity in the accounts.

    Nextstellis cycles 40000 for October and if the price achieved for the first 3 mths is applied Nextellis delivered $4.3M in sales in October
    BPD results overall for October were outstanding. Sales when compared to average sales for 1st 3mths were 19% up and contributions in October of $5.2M vs just $3.2M for the first 3 mths.

    Dermatology was somewhat mixed sales for October were 11% up on the average of the first 3 mths but contribution was down 13%.

    MPI was down both in sales and contribution when October is compared to first 3mths.

    For the combined business sales for October were up 5.4% and contribution up 37%.
    All figures below are in $A and I have used .64c exchange rate.


    BrandedMPINextellisDermatologyTotal
    1Net Sales Change 18.93%-43.79%27.98%11.56%5.73%
    2Cont. Change381.48%-105.25%
    -13.05%37.21%
    3Net Sales 4mths$47.81$21.30$14.35$56.09$124.80
    4Net Sales 3 mths$34.24$17.94$10.06$40.89$92.28
    5Cont. 4 mths$8.44$4.10
    $13.28$26.40
    6Cont. 3 mths$3.24$4.17
    $10.30$18.12

 
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