I dont mind capture costs being ammortised. Collect once use many times and ammortise on billing usage. I am comfortable with that.
What i dont like is the contract acquisition costs of $6m. This is a direct selling expense. If it they acquire say a 3 year contract then this should be ammortised over contract period. At $500k ammortisation charge have they acquired all 12 year contracts (6000/500=12), i dont think so. Figure doesnt look valid
- Forums
- ASX - By Stock
- NEA
- North America ACV about to exceed ANZ
North America ACV about to exceed ANZ, page-52
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NEA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online