Ann: Appendix 4D & Half Yearly Report, page-60

also i think what a lot of investors are missing is the deal with connect farms is massive in terms of future revenue

Modular data centre specialist DXN (DXN) has signed a Master Supply Agreement (MSA) with Connected Farms Connected Farms is an Australian licenced telecommunications carrier and was formed to specifically provide connectivity solutions to the agriculture sector

This agreement will see DXN supply and roll out modular data centres for up to 15 sites across Australia The first order is valued at $1 million and is for two sites in Queensland and Victoria The roll out of the additional 13 sites is expected to be completed over a period of around 18 monthsOn the market today,Agriculture is the next market that will embrace autonomous vehicles and we are excited about helping another Australian company leading the way.

With farmers continuing to adopt Agritech, agriculture is going to be one of the key growth industries for data," Matthew added.


so one million for two sites, if you put a value on average of 500k per site then DXN could have a locked in income of 6.5 million completing the other 13 sites over the next 18 months, thats pretty significant for a 20 million MC company.