capricorn fees is revenue but not ARR.
it's in the form of professional service to build infrastructure specifically for them.
capricorn recurring revenue has started from this qtr i.e 100k per month equates too 300k per qtr.
on this qtr if they increase revenue from other sources i.e CC , ebev or AirPlus by 300k than it's possible for CF+ this qtr.
exclude limepay revenue and expenses.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-178
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