well, customer billing is including, monthly payment and yearly payment. Like my wife and my cars insurabce, my wife is paying $100 monthly for 12 months, and I am paying $1,200 in one go.
Therefore, my billing for this month will be $1200+$100=$1300
My billing for rest of year will be $0, and my wife’s bill will be $100 every month.
At end of year, the insurance company still get paid $2400 revenue from my wife and I.
It is a matter of they received $1300 in the first month, but only receive $100 for the rest months
For schools income, I would only are paying quarter by puarter，as enrolment per term may changes.
Hence, most of the $1.7M bills should be true revenue, not upfront payment.
Any new partner schools and customers will be on top of this figure
FZO Price at posting:
56.5¢ Sentiment: Buy Disclosure: Held
