MWR 4.40% 9.5¢ mgm wireless limited

"Also included in revenues is recurring revenue from App...

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  1. 357 Posts.
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    "Also included in revenues is recurring revenue from App subscriptions which was $98k for the period, a 3,631% improvement on the PCP. As at December 31, monthly recurring revenue had reached $30K; notwithstanding that there is a lag from when units are sold, and subscriptions are activated."

    Above taken from the announcement. I added the bold text to highlight how much extra cash the app subscription will now provide from this point on, only to grow bigger with more units sold.Notice for the 6 months it was $98k. With the December figure above, the next 6 months will provide approximately $180k (more than likely more). 

 
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Currently unlisted public company.

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