COVID relief and deferred billings. $4.8m
Alliance Partnerships. $2.4m
Total $7.2m
I lumped them together.
The point being made is that in HY1 22, the extra churn of 6%, only equates to $2m in ARR. That is less than half of the Covid relief ARR. There is more to play out here.
3 things could happen to Covid relief ARR; lost, came back or still pending a decision. It is quite reasonable to assume that a portion is still pending.
LVT more or less confirmed that.
The amount is even higher is Aliance Partnerships are included.
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- Ann: FY22 Q2 Quarterly Activities Report and Appendix 4C
Ann: FY22 Q2 Quarterly Activities Report and Appendix 4C, page-278
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