The company has reported their revenue and has reported profit for three of the last four quarters. The P/E I calculated is based on the last four quarters (not three quarters year-to-date). This is simple math based on reported numbers.
Where the money comes from is another matter. I'm guessing. Really good companies break down revenue so shareholders and analyst can see where money is coming from. Most companies are not so transparent. POW! is not transparent.
When POW! had the Disney first look deal, it was easy to tell where the bulk of the money was coming from, Disney. Now that the first look deal is over, I'm guessing where the revenue is generated from. I guess mostly on when deals are announced and when revenue should be generated from those deals. Money doesn't often change hands when deals are announced, especially with movie deals.
"Lucky Man" was still filming in the reported quarter. Traditional deals say, the IP owner gets a percentage of the episode budget. I assume that the budget of each episode was near one million (British) pounds.
The YouTube Spaces deal was announced in the middle of the second quarter. It was announced that Stan would help 12 teams with Script consultations and that he would work with 6 teams. I'm still guessing that Stan/POW was paid around a standard Stan Lee appearance fee ($20k ?) for these or each day he worked with them.
I also assumed that the new movie deals would be structured like the Magic Storm deal for the "Annihilator" (POW! was paid upfront some $500k for the IP, with more when principle photography starts). The new deals were announced at the Comikaze Expo (Q4 for POW!), but it's hard to tell when actual deals were signed (there should have been an 8K), "Reflections" is in post-production, so the deal must have been signed half a year or more before the Comikaze Expo.
As I am admittedly guessing, I could be off base and totally wrong, but you know I am guessing.
