Q4 revenue will be 12% royalty (US$250-500 million), Neuren was guiding slightly higher revenue for Q4 (US$92+million) which with the current favourable exchange rate will beat guidance of AUD$16-18 million ever so slightly.
The big difference will be the ~AUD $10 million increase from favourable exchange rate on the US$50 million PRV voucher sale proceeds and the US$50 million milestone payment.
So CY2024 total somewhere between AUD $227-229 million beating guidance of AUD$216-218 million. I'm lousy at maths so dismantle at your leisure haha
NEU Price at posting:
$11.01 Sentiment: Buy Disclosure: Held
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