Just a little bit of colour For those that have not worked it...

Just a little bit of colour

For those that have not worked it out yet the royalty o come in next will be 207k

What information I liked was the units delivered

31 Oct update 800k manufactured
AGM ( Nov) it was reported that nearly 1m units had been sold

Now 6mths later we are at 15oo delivered

Royalties Paid over the life is easy
889k + 167 +47 (2014)

So you can get a rough guide to the royalty rate per unit (falling over time due to the change from SK2 sales to mainly olay). Though 1500 does not mean sold it is close enough as we seem to be moving about 100k units a month.


This has now set a base and shows how important it is to get integrated products rather than wands.
Given that one is flagged in 2018 (given it is a half decent product) we can expect 3 times the volume and hence 3 times the revenue.

Cash will truly last as the rebate is this half, so it will come together, unless the product is delayed or we get an eye cream