PLY 1.72% 59.0¢ playside studios limited

Ann: PlaySide Sign Landmark Agreement with 2K Games, page-6

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 310 Posts.
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    Agreed. The annoucement said "eight figure WFH agreement, 2 years of development and 1 year of post launche maintenance". So that's minimum $10m in revenue. Depending on how the revenue is recorded, it could add min $3m per year (3y horizon) or $5m per year (2y horizon) to the revenue line. Given PLY made $11m in revenue in FY21, this is massive growth. Sure the share price will be diluted after the raise but at between 27% ($3m/$11m) to 45% ($5m/$11m) revenue growth rate, I can't see the share price not going up. And that is 1 contract alone.
 
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