Ann: REFFIND signs two clients and enters hospitality sector, page-22

Guys this paragrah says it all!!!

Its not over for growth for RFN.....go RFN !!!



Clarification on business model
REFFIND wishes to provide clarification regarding its business model.
REFFIND is a subscription based model where clients typically sign a 12 month subscription agreement to use the platform. As REFFIND is working with mid to large size clients it typically has a four week onboarding and roll out process to ensure the best possible customer experience. Like any other enterprise subscription model there will be a timing difference between invoicing and revenue recognition.
The guidance provided by REFFIND during the IPO process remains accurate and the company is extremely well positioned given both the clients secured to date as well as the growing pipeline moving forward.