ALC 0.88% 5.6¢ alcidion group limited

Ann: Quarterly Activities Report & Placement Announcement/App 4C, page-72

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  1. 662 Posts.
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    I hope that someone who is following the financials closer than I have might have some idea about this question. If not, I may email IR, or just give up in disgust and sell - as expenses always seem to be ahead of revenue, and this may never change.
    The quarterly of Q4FY23 speaks of sales won of $29m, $9m of which were to be recognised in FY23. The quarterly of Q1FY24 speaks of contracted and scheduled renewal revenue of $33m for FY24. Would someone please tell me whether the $20m out of the $29m, which would presumably be recognised in FY24, is supposed to be additional to the $33m?
    Thanks to anyone who can help.
 
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