If SYT get to 50 x Dataflex by 8 July 2018, then we are looking at potential revenue of somewhere between 1.8 Mil - 28 Mil depending on size of client and whether Aktay has the client.
Assuming that there will be way less big clients over small, let’s say 2 x big and 48 x small...
2 x $576000 + 48 x $36000 =
$1,152,000 + $1,728,000
That’s nearly $3 Mil for the year in renewing Dataflex license fees + Maintenance
Now the complication is Aktay get 10 of the above, then SYT shares 50% of those 10 (not including reseller agreement clauses) - around $180000
Not a bad start - now add another 50 clients - SYT are still getting paid by the first 50 and now getting paid by the second 50 - let’s say that $6 Mil a year.
Now let’s say my big client calculation is out and it should be 5 big clients... see where I’m going here.
Above is IMO and should not be used as gospel actual revenue calculations or projections but as a guide ONLY!
Really just wanted to highlight the potential here, since the Milestone 3 for SYT is 50 x Dataflex by 8 July 18!
If SYT don’t get 50 Dataflex clients by 8 July 2018, then they miss out on their performance shares (huge incentive)
Ok better add in the downside = 49 x $36000 = $1.7 Mil per year recurring ( haven’t included any revenue from Freeway here either)
Remember also that SYT last quarterly (Oct-Dec 17) was $449000 rev (off the top of my head)
Chad
SYT Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
