I am only expecting about $50k in receipts this quarter.
The company have been reasonably clear with the market in announcing their enterprise agreements, anything outside of that would be relatively negligible.
The only difficult thing to know at this point is whether these agreements are pre-paid, paid monthly, or in arrears, which might change things.
They have mentioned reporting ARR in the future, I wonder if they are in a position to do that now as a way for the market to start tracking progress, at the moment for the next 3 months ARR would be $210k ($10k + $7.5k a month times 12). This increases in January when the initial enterprise agreement doubles to $20k, so should grow to an ARR $330k a year at a minimum.
Obviously very small still at the moment, but with a significant sales pipeline in Aus and US, it won't need many deals to close to build the ARR. As an example, LiveHire (LVH) is a very different industry, but their quarterly announced an ARR of $1.6m and their market cap is $120m, which I think is too high for that level of revenue, but that is what it is.
