Having read the report it details why the revenue for Wirecard is low and its because they haven't novated over all the contracts yet but as they say, they expect to. Having said that though I would expect the customers to be still paying for services while negotiations are ongoing. The next Qtr will be more telling for sure. I will also hold my position til then.
They said also they have acquired new customers in the last qtr (which they did tell the market last year) but would have been nice to have a separate announcement last year to drum up excitement on SP rather than burying it into this 4c.
Ann: FY21 Q2 Global Trading Update & Appendix 4C, page-23
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