BUD 0.00% 0.6¢ buddy technologies ltd

Hi Holdtight If the three contract values are $70m, that does...

  1. 8,751 Posts.
    lightbulb Created with Sketch. 782
    Hi Holdtight

    If the three contract values are $70m, that does not mean that revenue of $70m will be received in the first three years. For sales made at the start of year two, the revenue will be received in year two, three and four.
    For sales made at the start of year three, the revenue will be received in year three, four and five.
 
watchlist Created with Sketch. Add BUD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.