RE: Here we go10 Dec 2020 08:51
7digital typically enters into contracts which include a fixed fee and variable, usage-based terms, ensuring that the Company benefits as its customers scale up their offering.
As a consequence of new contracts ramping up in 2021, clients increasing their usage of 7digital's platform and deals in the pipeline, the Board envisages receiving incremental revenues from these customers and expects to report substantial year-on-year revenue growth in FY 2021, resulting in operational profitability for the full year 2021.
Nice, speaks confidence!