Any news?, page-58

Expect results within next3 trading days. I for one will be looking at the proportion of TCV recognised as Revenue for FY 2020, the portion carried into FY2021 and beyond. On this point, we signed $34.5 m worth of subscription contracts during FY2020.. During FY 2019, the TCV signed was S 10.3 m of which only $0.9m was recognised in FY2019. $9.4 m carry. At the half year, a further $3.9 m was recognised. In theory, the carry into FY2021should be $40 m minus that recognised Jan to Jun.

Other point of interest will be the ARR on software maintenance. A big number which will have a bearing on the Full Year report. Expect the Product Development expense number to come in below $5 m for the second half (as previously discussed), this serving to keep a CAP on Total Operating Expenses.

Finally, as we are two months into the new FY, would be fortuitous if they could indicate new TCV signings for this FY YTD, hopefully north of $5m.

Quietly confident that the results will be pleasing to most.

Rokewa