The management has indicated there's $1.4m in unrecognised revenue associated with KPMG OneDefence for the 120 days prior to the end of the reporting period.
Is it reasonable to expect this be recognised in its entirety during Q3, or would it be more likely to be reflected over both, Q3 and Q4.
What are people expecting to see insofar as licence growth. Is there any expectation of material licence growth?
We've also seen an increase in what I assume to be contractors fees associated with KPMG OneDefence and the Australian Department of Defence contracts, as shown by the material growth in the Cost of Sales as a proportion of revenue. If history is anything to go by, there should be an uptick in licence revenues in coming quarters, but only time will tell.
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