How it’s built
- Calendar 2025: ECDB's $513m divided by Grips' $194.9m = 2.63.
- September 2026: ECDB's $57m divided by Grips' $31.4m = 1.82.
- Grips says 2025 was up 50% or more, so its 2024 figure was at most $129.9m.
What we assumed
- A pure difference in definitions would keep the ratio constant.Because it moved, the vendors disagree on the growth path, which points to different models.
Sanity check
September alone equals 11.1% of ECDB's 2025 total but 16.1% of Grips', another sign the two see different trends.
Where it comes from
Our calculation from other figures in the trainer’s notes:
Show the working
- Ratio 2025: 2.63
- Ratio Sep2026: 1.82
- Sep26 over CY25 ECDB: 0.111
- Sep26 over CY25 Grips: 0.161
- Grips 2024 max: $130m
- 57/31.4 = 1.815 vs 513/194.9 = 2.632
- Month/annual: 57/513 = 0.111
- 31.4/194.9 = 0.161
- Grips '$194.9M in 2025, up 50%+' (, confirmed on re-fetch) -> 2024 <= 194.9/1.5 = $129
Where it’s used
Related figures
Built from this one