"The contracted ARR of $720k at 30 October 2019 is not a proportional increase to contracted ARR of $655k for clients contracted as of 30 September 2019, based on the number of beds. New clients starting under the trial are coming in at lower per bed pricing and existing clients will commence accessing the financial benefits of the trial as their current contracts come up for renewal over the next 12 months."
Also lower pricing could be due to WMM revenue share to fast track the implementation? To me this grant is more about monopolizing the Aust market and become standard in all RACs. Then eventually they increase the price or get subsidized by the govt in the future.
PCK Price at posting:
22.5¢ Sentiment: Buy Disclosure: Held
