On 31 Oct 2017 The company said:
"$338,963 of revenues were received by OBJ Ltd for the September quarter"
Today they said:
"The balance of September quarter product royalties of $296,120 due during the period were deposited by P&G in January"
And
"Revenues of $23,151 were received by OBJ Ltd for the December quarter."
So we earned 635k worth of royalties in the September quarter, and we got the final payment from P&G for September now, 4 months later.
We got paid 23k for the December quarter so far, but no doubt P&G are behind in their payments for the December quarter, like they were for the September quarter.
I'm confident that the royalties for the December quarter will be over 600k once they are all paid out.
Well have to wait another 1-2 quarters to find out.
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- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-24
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