A few gems in the related powerpoint preso.
First client Veterans Affairs (VA) administration made a public announcement about the transaction in June 2021 on the government website Sam.gov. Contract award is imminent
▪ Contract expected to start with 25k vets (A$590k ARR to TTB)
▪ Final contract is expected to have operational pathways and preapproved budget for significant scaling of the user population
for hundreds of thousands veterans
▪ This single transaction can generate a multiple of the current ARR base of TTB (A$15.6M ARR cap for TTB)
▪ Significant opportunity to scale to other government agencies (~25 opportunities in joint IBM / TTB pipeline)
▪ A$7.6m in additional receipts in CY2021 based on known inflows from contracts signed and in process, including
Hamptons Life, AARP, IBM, Eastman, etc.
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- Ann: Total Brain Limited conducts $6.5 million capital raising
Ann: Total Brain Limited conducts $6.5 million capital raising, page-3
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