Their primary business is services. They generate $20+Mllion AUD annually in sales in the services area.
Product is secondary. This is not only seasonal, but depending on other factors.
Look at Covid. Covidx was the bread and butter of the product sales. That product has since stopped as Covid settled and Viradx does the same thing.
The product will increase in due course. I would prefer to see a lot bigger services partners on the table to be honest with a breakdown of how and what this revenue is generated from.
Ie. Company A has engaged LDX to provide "X" product. This is generating "x" in revenue per quarter.
So far we dont really have that. Just the reported total revenue and that we deal with people. But no tangible indicator on how this is going or whether it will result in other product on the shelf.
Their primary business is services. They generate $20+Mllion AUD...
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