RE:what companies bought what drugs doubling earnings when?
truthseeker2012 wrote:Show me an example of a company at least the size of Cipher or bigger doubling earnings immediately, without having to pay way more than the 40 millions Cipher paid for Innocutis.
[zer0herp are you another fake styless ID made upon June 11 2015 bashing? You said many other drug companies are buying other drugs etc and doubling earnings immediately.
Name at least 3 of the many companies you claim have done this, what drugs etc they bought and what the profits were before and after and when. If you can’t you are most likely, liar, stupidess, styles again. It would only be like the 10th time styless has usee a new ID to bash Cipher.
The only way a company can buy a drug to double earnings immediately would be to pay mega $$$$. I would say at least 10 times or more what the new drug is worth per year, so a drug that could make Ciphers earnings double immediately, 9 million earnings Q1 2015 times 4 is 28 million for 1 year, so I would say it might cost Cipher at least 100 million or more for such a product .
Other then that the buying company would have to have next to no revenues to start with so any new drug would be next to worthless, making it cheap, so yes earnings could be doubled for a company with next to no earnings to start by buying a tiny drug with tiny earnings because even tiny earnings, can be double next to nothing earnings.
What is the earnings of Innocutis? We don't know.
What is the free cash flow of Innocutis? We don't know.
What is the EBITA of Innocutis? We don't know.
Heck, I couldn't even find a figure for revenues at Innocutis.
So what is the value of what we are buying for $40M? We don't know.
I'm not saying it was a bad acquisition. I am saying I don't see a disclosure that lets us value the acquisition. And none of your discussion provides any facts about Innocutis.