The Company generated $253,000 of invoices in the quarter for paid trial work, referenced in the Appendix 4C. This revenue is expected to be realised in the next quarter. The Company also expects to generate additional revenue from further paid trials in the next quarter and is targeting Monthly Recurring Revenue (MRR) to commence during the following quarter.
I like this paragraph. The paid trail revenue is much higher than what I expected. If paid trial is generating this much, I can only imagine how big will the check be when we go live.
The Company generated $253,000 of invoices in the quarter for...
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