BMT 1.75% 28.0¢ beamtree holdings limited

G'day everyone!! Looks to be a really solid announcement that...

  1. 1,612 Posts.
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    G'day everyone!!

    Looks to be a really solid announcement that will definitely crank up BMT's recurring revenues over the next few years, and probably crank them up quite quickly.

    Especially when you consider than BMT recently announced a 5 year $7m USD contract in South Africa ($1.4m USD per annum).

    So some of the contracts with Abbott will obviously be much larger than the minimum figure of $300k USD that was in the announcement.

    And you can imagine that a stack of smaller contracts (under $300k USD per annum) would also arise from the relationship with Abbott

    My question is does anyone know if any of these 50 - 100 annual recurring large customer licences (expected within 3 years) would already be included in BMT's $16.5m in revenue for 21/22 ?

    As my understanding was that BMT has been working with Abbott for quite a while?

    Thanks in advance!!
 
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