Can you clarify the ASX announcement (24 October 2022) that referred to SBI contract extension to December 2023.
Prior forecast EBITDA for the FY23 was circa $14M (ASX - 16 August 2022) - but indicated that these figures didn't include any input from SBI whose Contract was expected to end at 31 December 2022.
It is my understanding the possible effect of this additional 12 month extension was "to improve FY23 Revenue by $AUS8-$AUS10 million PER QUARTER....... ie: ($32-$40 mill / Year). With no update EBITDA forecast announced as yet that includes the contract extension figures.
Did I read this correct?
Cheers.
Anton.
FND Price at posting:
54.0¢ Sentiment: Hold Disclosure: Held
