I was expecting FY close of $3.8M so good to see I was pretty close in my forecasting.
Looks like the Calgary contract came in less than what was originally announced but we did see an increase in other contracts.
What I can't understand is where did the CROWN Casino Revenue come from?
There has not been any announcement from the company that a commercial agreement was in place/signed.
All we have been told was they were working together to develop a solution. - Does anyone have an insight into this??
Column 1
Column 2
Column 3
0
Contract
Expected Revenue Stated in ASX announcement/prospectus
Actual un-audited amount
1
Calgary
$1.8M
$1.2M
2
Edmonton
$474k
$552k
3
Changi
$123k
$226k
4
Brisbane
$340k
$387k
5
RMS
$40-$80k
$229k
6
Crown
N/A
$1M
7
Other
City of Singapore
Logan City Council
Queensland City Council
**Town of Victoria Park contract expired May 2018, doesn’t look it was renewed. ($15k)
City of Singapore $? unknown
Logan City Council $80k +
Queensland City Council $100k+
$384k
Still following closely , as of now its the upfront cost from new contracts that are beefing the revenue figures.
I want to see something something more sustainable with reoccurring revenue, I think its possible if they secure a US deal in a major city.
SNS Price at posting:
17.0¢ Sentiment: Hold Disclosure: Not Held
