If we add the more recently announced BAE and ANI contract...

If we add the more recently announced BAE and ANI contract amounts for this FY, my estimate of revenue now sits at approximately $10.6m.

This amount only refers to publicly announced deals and therefore, could be significantly higher (or lower, if execution is subpar).

The below excerpt was used in a Hidden Gems presentation today - which was referenced in today's ASX announcement.

As has been noted on my other posts, it is clear there are contracts with major companies - presumably at this stage, non-material - where it is impossible to ascribe approximate revenue amounts to.

Up until today, as far as I'm aware, archTIS has never explicitly mentioned Hanwha, NIOA, Australian Missile Corporation, Jet Aviation, Toll, Mott MacDonald, Rheinmetall or Wormald as being a customer. As Daniel Lai noted in his presentation, this slide relates to only 1 of archTIS' products.

I've previously noted LinkedIn trawling can deliver some interesting results regarding other major clients who may use other archTIS products.

Further to this, I highlight the amount of POCs still in play. Daniel Lai noted the majority of services revenue is related to POCs, which appears to indicate there could be material pull-through of licences resulting from them. If this occurs (in particular the 2 noted in today's presentation) in a timely fashion, a significant re-rate would be justified.