>>(ii) will profitability objectives be hit each year in 2003, 4, 5 , 6, or in toto? - - levin emphasized each individual year
(vii) could 1st milestone be paid in 2003?- - no direct answer>>
Looking at the quarterly figures for the last 5 quarters it is pretty obvious, that if Millennium is to hit its
300 mUSD NOL-target, they will need to bring in those 125 mUSD already this year.
Q1_03 Q4_02 Q3_02 Q2_02 Q1_02
Revenue 81,7 96,8 95,8 91,9 68,6
Other revenue
Total revenue 81,7 96,8 95,8 91,9 68,6
Cost of Revenue -18,7 -18,9 -18,8 -17,8 -7,7
Gross Profit 63,0 77,9 77,0 74,1 60,9
S,G & A -35,4 -38,3 -37,4 -40,1 -37,2
R&D -126,8 -146,9 -140,5 -122,4 -101,3
Depr. /Amort. -9,7 -9,8 -9,8 -9,8 -5,5
Other op. Exp. -28,2 -3,0 -54,0 0,0
Total Op. Exp. -200,1 -198,0 -187,7 -226,3 -144,0
Operating Income -137,1 -120,1 -110,7 -152,2 -83,1
Interest, expense -10,4 -6,1 -10,4 -14,7 -6,8
Interest, income 9,6 15,0 21,7 19,2 28,2
Sales, fixed assets 31,5 0,5 40,0
Other, net
Total Non-operating -0,8 40,4 11,8 44,5 21,4
Net inc. bef. Tax -137,9 -79,7 -98,9 -107,7 -61,7
The above table is a result from preliminary work in the BioMaven 100 group.
We could need a couple more volunteers, who help us to pull together some financial data.
You would be responsible to follow up the results from some 5-10 different companies.
Preferably you should be able to run Groove on your computer. But email might do if you are on a slow connection.
For some further details, please see
Message 19050186
and
Message 19052895
Erik |
