Just steadily chugging along as usual ...
Will update my model later. Have a few little things to add as well anyway. All positive. Rarely hear anything negative for this company ... FYI this is a revenue upgrade for this contract:
Upgrade to $5m-15m
- May: Purchase order from customer in home furnishings market. This contract was upscaled, but I will use initial indicative revenue figures and incorporate the upscaling into the margin of safety.
- Indicative annual revenue of $3m-10m (assumed to be USD, consistent with previous announcements).
- Product rollout in less than 90 days (announced on 14/5/15), revenue to begin in Q3.
- Forums
- ASX - By Stock
- Ann: Continued Client Advancement In Home Furnishing Market
Just steadily chugging along as usual ... Will update my model...
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