Within Alcidion packages the company includes a number of elements that generate recurring revenue. The recent $1.75m NTDH contract is a good example.
Gross revenue, approximately $1.33m is representative of the initial installation and commissioning of the Miya platform. The rest is secured over the next four years through licensing, maintenance and support representing approximately $420,000.
NRR Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held