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I was expecting FY close of $3.8M so good to see I was pretty...

  1. Eqz
    3,427 Posts.
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    I was expecting FY close of $3.8M so good to see I was pretty close in my forecasting.

    upload_2018-7-7_15-43-28.png


    Looks like the Calgary contract came in less than what was originally announced but we did see an increase in other contracts.

    What I can't understand is where did the CROWN Casino Revenue come from?
    There has not been any announcement from the company that a commercial agreement was in place/signed.
    All we have been told was they were working together to develop a solution.  - Does anyone have an insight into this??

    Column 1 Column 2 Column 3
    0 Contract
    Expected Revenue Stated in ASX announcement/prospectus
    Actual un-audited amount
    1 Calgary
    $1.8M
    $1.2M
    2 Edmonton
    $474k
    $552k
    3 Changi
    $123k
    $226k
    4 Brisbane
    $340k
    $387k
    5 RMS
    $40-$80k
    $229k
    6 Crown
    N/A
    $1M
    7 Other
    • City of Singapore
    • Logan City Council
    • Queensland City Council

    **Town of Victoria Park contract expired May 2018, doesn’t look it was renewed.  ($15k)
      • City of Singapore $? unknown
      • Logan City Council $80k +
      • Queensland City Council $100k+
    $384k

    Still following closely ,  as of now its the upfront cost from new contracts that are beefing the revenue figures.
    I want to see something something more sustainable with reoccurring revenue, I think its possible if they secure a US deal in a major city.
 
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