isn’t it the other way round - statutory revenues are less than...

isn’t it the other way round - statutory revenues are less than reported revenues? The way I understand it is this :-

Tesserent acts as an agent for some software products and they earn a commission.

so say they sell software licences worth $20 million and the commission is $5 million. They actually bill the client and get paid $20 million, but then remit $15 million to whoever owns the software, so the revenue is $20 million, but the statutory revenue is $5 million.