MYX mayne pharma group limited

Interesting that in the accounts what drove the -A$161M EBIT...

  1. 335 Posts.
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    Interesting that in the accounts what drove the -A$161M EBIT result

    https://hotcopper.com.au/data/attachments/6412/6412155-90611d1d9b5b03f7e0382bf398534a66.jpg

    Non-cash items -A$68M for Dep/Amortisation and -A$82.7M for earn out reassessment (see below) and cash item of A$33.2M Class action.

    https://hotcopper.com.au/data/attachments/6412/6412162-44f22999bdefff7e8ceafdc2d543568b.jpg

    Management must be very confident in the increased revenue forecast for TXMD products to increase future royalties payable by that much.
    Total royalties liabilities for the life of the products has now increased from A$296M to A$382M.
 
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