This figure has been replaced. See A test of whether Asmodee's distribution margin can be worked out from its group gross margin.
What this is
Solve m_s*(1-p)+m_d*p for the two years; delta margin -2.2pt over delta p +8.7pt gives m_d-m_s ~ -0.25; with group 0.425 at p=0.719 gives m_d~0.36.
The values
- M d: 0.36
- M s: 0.61
- Range m d: 0.3 to 0.42
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- Group margin 44.7% to 42.5% while partner share 63.2% to 71.9%