On face value this looks to be a very positive announcement of two new revenue generating agreements.
They've clearly stated that the Fujitsu agreement is non material at this stage.
QTEQ on the other hand
"The projected annual revenue under the QTEQ licence agreement for FY22 is approximately 10
to 15% of historical audited financial revenues, Subsequent years revenues will be similar to the
first year"
Are they referring to total annual revenues for CT1 in FY21? This section is a little unclear.
Edit: Actually I imagine this is 10-15% of financial revenue generated from MCT platform by QTEQ
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- Ann: CT1 signs Agreements with Fujitsu and QTEQ
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