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Not quite, 100% of the revenue Appstablishment providing...

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  1. 3,680 Posts.
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    Not quite, 100% of the revenue Appstablishment providing services to CRO is disregarded from the calculation of the revenue gain, as that calculation is the revenue gain to the consolidated entity (i.e. inter-entity transactions are excluded).

    The development work done by Appstablishment for CRO would have resulted in IP developed for and owned by CRO. I mean, you don't pay some to develop IP for you and then not own any of it yourself??

    By acquiring Appstablishment, CRO is now acquiring all of Appstablishments other IP that it has developed previously and that it licences to other parties to use.
 
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