EVS 0.00% 5.4¢ envirosuite limited

Ann: EVS joins NASA's revolutionary X-59 supersonic consortium, page-3

  1. 890 Posts.
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    What I'm also really happy about is how they've outlined the nature of Envirosuites potential numbers. Indefinite-delivery/indefinite quantity contracts can be very difficult to unpick without the company being open and transparent about its involvement.

    Take Palantir a few days ago who announced a Billion dollar contract win inside a indefinite-delivery/indefinite quantity contract... vwhich actually turned out to be a Billion across all vendors, across a contract lifecycle of 8 years. What started out sounding amazing... and was presented as such by Palantir was not actually that great once you unpicked it.

    However it was Palantir themselves that mislead the win. Not the case here ... Envirosuite probably could have rolled up the numbers to make it appear a much larger win, but they've been honest about their part and their timeframes.

    Well done, and we appreciate the honesty.
 
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