So after the analysis that I have done, everything is a bit jumbled up so I thought I want to try and figure which revenue comes from which customers, so...
Everything is my personal analysis and opinion:Based on information I read and understand from:
There is this table:
I highlighted some of what I consider to be points of interest.
So what I understood from that, it seems that 23.5 + 2.4 percent of total ISX contracted service revenue are from OT capital and TraderQ/Tradefinancial.
So a total of 25.9 percent of that $5,002,479 is from those 2 customers. So that amounts to $1,295,642 of revenue from OTcapital and TraderQ/Tradefinancial.
So $5,002,479 substract $1,295,642 gives me $3,706,837.
Based on information I read and understood from:
There is this:
So it turns out, from what I can tell, that ISX mistakenly stated the revenue split as anyone probably already aware by now.
Based on the ASX notes:
So the 4 customers, which I understood to be Fcorp, corp destination, immo, and nona, contributed about 3.5 million. Out of that ~3.5 million, 2.9 million or so seems to be for set up and integration cost.
So a total of ~3.5 million + 1,295,642 is roughly $4,795,642.
So based on my understanding, please someone correct me if I am wrong, 6 customers in total, which are:
- OTcapital
- TraderQ/Tradefinancial
- Fcorp
- Corp destination
- Immo
- Nona
Contributed to roughly, based on my calculation, $4,795,642 out of $5,002,479 (ISX contracted service revenue for June 2018). So that leaves roughly $200k for the other customers??? I don't know whether OTcapital and TraderQ/tradefinancial was dicslosed to the market but at least for the four customers, it seems that the asx notes that:
From the looks of things, presumably those customers shown by their logos there were only responsible for that 200k revenue????
I mean the ASX did ask ISX (question 3) but I believe the subsequent response was inadequate and need to be clearer.
The way I personally I see it, there is at least a contradiction in there that I try to outline using the corp destination example:
https://hotcopper.com.au/posts/41594757/singleDoes anyone have of their own analysis on this???
