ALC 2.00% 4.9¢ alcidion group limited

Ann: Alcidion H1 FY2023 Results, page-6

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    Those were significant uplifts in contracted revenue for those two other periods due to strategic contract wins with South Tees and Leidos.

    Over the length of the contracts, those contracted revenue would get recognised based on the associated performance milestones.

    Further, a significant proportion of those contracts were invoiced upfront, resulting in large upfront cash payments before the revenue could be recognised.


 
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