1: from 4c
This growth strategy has yielded unaudited recurring revenue booked in the month of March 2018 at a level 29% higher than March 2017, equating to an annualised recurring revenue run-rate of nearly $17 million.
2: day before's announcement while they didn't use the word 'recurring' it is implied
addition to ongoing monthly service and support fees for between 2,500 and 4,600 rooms each year during the five-year term
Ann: Swift Cashflow Statement Commentary and Appendix 4C, page-35
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