Brief: RanLOS Gets Order Of SEK 3.8 Mln From Global Car Manufacturer

RanLOS AB

26/06/2023 14:34

June 26 (Reuters) - RanLOS AB  RLOSb.ST :
    * RANLOS RECEIVES AN ORDER OF SEK 3.8 MILLION FROM A GLOBAL
CAR
MANUFACTURER
    * INITIAL REVENUE FOR AGREEMENT IS ESTIMATED AT SEK 3.8
MILLION,
CALCULATED OVER A PRODUCT LIFE CYCLE OF 10 YEARS
    * APPROXIMATELY 40% OF VALUE IS RECURRING LICENSING REVENUE
    * WILL BE DEVELOPED TOGETHER WITH CUSTOMER AND DELIVERED IN
COMING
YEAR

Source text for Eikon:  ID:nWkr78qR9N 
Further company coverage:  RLOSb.ST 

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