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I think you and others might be confused about sales orders. My...

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    I think you and others might be confused about sales orders. My understanding is that a sales order of say $12M includes CARR (contracted annual recurring revenue). So that $12M order might be a $2M purchase price plus an annual subscription fee (CARR) of $2M per annum over 5 years. The $12M sales order is spread over a great length of time for revenue recognition.
    So... a $12M sales order today won't result in $12M of revenue in 2021.
    Last edited by clio: 18/02/21
 
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