From what I can tell there is quite a bit of revenue to come through from all the sign-ups.
I was having a look at the two updates and trying to work out whats providing what.
December Quarter
- It looks like the Australian Financial Institution started producing most revenue in only the December month therefore could be a good increase if including 3 months worth
- Elavon's work was only a small company refresh with Kyckr "proposing" to continue with a larger piece of company refresh, which if continuing can only guess they've agreed
- I agree with your Citibank statement, can only think if that is maybe a minimum annual revenue? - like the global payments provider?
March Quarter
- Global Payments Provider as stated in the quarterly that the $150,000 is a minimum annual amount starting January
- Bloomberg should finally be launched next month
Then you have MyDATA, Prudent Singapore, LegalinX and IBM which are kind of unknown at the moment.
With the current cash burn Kyckr should be good for approximately 12 months without any increases in revenue, which I don't think is very long. I'm just hoping revenue grows a bit quicker this quarter.
All this is already in the releases and my interpretation of them so feel free to correct any errors in my thinking
