It is $12.6m of new orders in the year, so most of the $5.7m order has yet to be recognised which is why there is still $8.9m of revenue to be recognised in FY25.
With $1m in new orders since year end, $2.8m in run rate from the datacentes and $8.9m still to come from existing orders the company is tracking to at least $13m revenue for FY25 without any more wins. That's 20% growth on FY24 and nearly 100% growth on FY23.
DXN Price at posting:
7.3¢ Sentiment: None Disclosure: Held
