ADA 4.04% 47.5¢ adacel technologies limited

Conference Call

  1. 5,139 Posts.
    lightbulb Created with Sketch. 788
    very very positive..
    strong pipeline
    signed new deals worth $18m since April
    A few deals won but not signed yet (expect 3 in the next month)
    String interest in new products being developed
    Additional new deals will generate around $7m income in first half of this financial year
    NASA deal worth around $72m over 5 years has been delayed but expect news on this around Jan time - Factoring this into 2018 financials has been heavily discounted & will not materially affect numbers should it not be awarded !!!!!
    Costs being controlled
    R & D Tax credits (Canada) meaning no tax to pay in canada this year

    http://www.adacel.com/press/2017/Adacel Technologies Q&A - BP 29.08.17.mp3
 
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