Upside revenue calculation discussion, page-2

reposting with some errors corrected and a little more added Guys following on from the last update and now that we have a quantum of the revenue of a Votiro client can mean in terms of revenue per annum here are some quick calculations on the potential that Senetas have - 325 k AUD per annum per client - it’s annuity contract style revenue which means market will love both the building Annuity stream and the high profit margin next 6 months -12 months Let’s stay with 10 new clients with a combined revenue of 3.3m AUD revenue - resulting 15% circa revenue increase or 10% for % ownership 30 new clients 9.9 m or approx 37% increase in revenue ( gross) in 2 years let’s say 50 clients 16.5 m revenue or 61% on revenue one can see from above not only do we have a very strong upside case, but this revenue is annuity income which the market absolutely loves. As pointed ou, the move to remote work makes this product so much more valuable all this upside for a business that has 15 m in cash Senetas I truly believe will have a stellar 2-5 years and I think we could see a SP of 20c-30c over that period I am more bullish on it than I have ever been at this price point not only due to the huge Marco tailwinds but the fact it is positioned very well from a product offering and distribution point of view