Ann: DC2 Signs Fixed Term ESG Agreement for Approximately A926k, page-3

  1. 310 Posts.
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    $926,376 for 5y GST incl => $170k per year added to the revenue line (GST excl).

    1H21 total income was about $876k ($713k recurring) => minimum annualised income of $1.6m, though the revenue won't start flowing in till FY22.

    $170k/$713k = approx 24% added to the recurring revenue line for the next 5y.

    From the thematic point of view, it seems that DC2 management is trying to target the audience of the 2 of most crowded trades in recent months 1. Crypto, 2. ESG conscious, though it's not a massive contract by any mean. Hopefully it'll bring some interest back into the stock.
 
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