$400k non recurring revenue... so what. I don't think that was the point of the announcement. the point is that they have collaborated with KPMG who will undoubtedly (if after a successful trial) open up a globe of new opportunities for ArchTIS. big opportunity for the company here.
Another thing I have to point out because I don't think people realise is that the $15m pipeline spoken of by CEO Daniel Lai was in place well before the government announced any cyber security funding.
So what can shareholders look forward too:
1. Executing sales of the current $15m pipeline
2. Getting a piece of the $1.36b government funding (very well positioned to do so)
3. KPMG to open doors to global opportunities if the trial goes well.
4. incredibly hot sector as business and industries seek to protect themselves as they transition to online whereby the increase in cyber attacks is unquestionably growing.
Happy accumulating folks
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