With Telstra we have acquired several digital commerce customers with direct supply lines into Enterprise Retailers. We expect this vertical segment to grow aggressively in 2018.
Operational cashflow break even March 2018
On target to meet the Budget Revenue of $2.5M in FY2018
Currently undertaking due diligence on third party product offerings that include integrated payment services. This potentially will add revenue uplift from payment services and significantly increase our annualised revenue per business (increased share of wallet). We will have the opportunity to reciprocally offer the integrated payment services to our partner and vendor network for resale thereby acquiring revenue from our partners customer.
"We expect these wins will give us a user base in excess 2,000 businesses by year end 2019 with average revenue of $5000 per customer." That's $10M pa revenue for a software tech co.
Using a PE of 20 gives us a number a long way north of 6c/share.
MOT Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held