The contract may not read like it, but it is a staged payment....

The contract may not read like it, but it is a staged payment. Where if they have 250,000 users, the first 50,000 users are still billed at $5.49 per user, the next 50,000 are billed at $4.69 per user, etc.

So that makes it:

$274,500 + 234,500 + $410,000 + $174,500 = $1,093,500 USD for the first 250,000 users. Making it around $1.5m AUD per month which ... wow 4-5 times their monthly burn. Unbelievable. Congrats Wellteq and MYQ for this win win deal.