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I believe they are talking about CT1's audited revenues. That's...

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CaptainA

994 Posts.

245

09/07/21

13:55

Post #: 54397270
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Originally posted by lithium24: ↑

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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I believe they are talking about CT1's audited revenues. That's the way I read it.

CT1 Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
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