From what I recall when looking into this some time ago ...
Project revenue includes ..
- Equipment supply and install
- One off maintenance/upgrades
Recurring revenue are from package deals ...
- Equipment supply, install and maintain (some maybe all costs amortised over the contract period)
- Billing of offenders (red light, speeding, etc) or users of car parks (number plate recognition systems)
- I think billing may extend to collection in some cases (not sure), ie. late payment followup
- RDF gets paid fees to provide the complete service (possibly as a share of revenue generated in some cases)
Anyone else with more details?
Ann: H1 FY19 Performance Summary, page-6
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