Very very simple........
On full deployment JHC will have contracted 1,500 licences but this will be a staged rollout adding ~400 licences per quarter for the next 4 quarters. So by the end of year 1..... you have full deployment.
Now do the maths ....1,500 licences x 12 months x A$50 per licence per month
= $880k recurring per annum.
Now given potential roll out issues, etc etc etc etc JHC have committed to a minimum of $220k. That being 1 quarter...!
Very very simple........On full deployment JHC will have...
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