SJURVM schreef op 30 april 2017 14:19:
Royalties H1 2016 = $1.9m
Royalies FY 2016 = $ 4.9m
Difference $ 3 m
Outstanding Receivables $3.8m
which means Exact did not pay $800K due from H1 2016?
Or am I missing something here?
"These acquisitions include one-time fees totaling $15 million, including payments accrued since July 2016."
So of the $8m you take off $3m accrued
since July.
We will be told with Q1 2017 how much royalties was earned during that period
and then we can see what was left for the actual "buying-out".