.
Hi Guys
Been going over the major contracts that were lost due to asx publishing the Final Reasons document to figure out who's in the running for the other major re-contracted reveal.
Data is from the 4FASOC document, link attached.
First Data Merchants Solutions - ~$91,625 Net Profit Month for 5 yrs = $8,677,968
International Capital Markets - (ICM) - ~$278,000 Net Profit Month for 5 yrs = $16,680,00
High Low Markets - ~$362,000 Net Profit Month for 5 yrs =$21,720,000
Major Players
Re-contracted - Lottoland - ~$1,227,000 Net Profit Month for 5 yrs = $73,620,000
Clear Bank - $84,359,111 Net Profit over 4 yrs
1st yr ~$15M, 2nd ~$18.5M, 3rd ~$22.7M & 4th yr ~$28M
VGW - ~$1,410,333 Net Profit Month for 5 yrs = $84,619,980
Trustly - ~$1,900,000 to $2,900,000 Net Profit Month for 5 yrs = $114,000,000 to $174,000,000
From JK's Tweet posted last week, he stated a number of major customers that were lost because of the dispute with asx have been re-contracted.
Lottoland has been revealed as the first major re-contracted customer sofar....
That leaves Clear Bank, VGW & Trustly in the running as the other majors left, if you base it on Lottoland was classed as major. All great and big revenue numbers left on the table.
Shareholders are going to see some great future financials once these re-contracted customers, along with any new customers are onboarded and up to speed.
Great times ahead
Cheers
Tradealot
https://www.isignthis.com.au/hubfs/...nt of Claim (31 August 2021).pdf?hsLang=en-au.