RIWI Secures $1.3 Million CAD in New Revenues for 12 Months, with Potential for Additional $1.37 Million in Subsequent Year
RIWI Corp (TSXV: RIWI) (OTC Pink: RWCRF) has secured a new agreement with an international research organization for data analytics services. The contract is valued at $1.29 million CAD for the first 12 months, with an optional second year that could bring total new revenues to $2.65 million CAD plus applicable taxes. This agreement extends a previously announced contract from November 3, 2023. A Company Director will receive a 5% commission for their role in securing and developing this client relationship.
RIWI Corp (TSXV: RIWI) (OTC Pink: RWCRF) ha ottenuto un nuovo accordo con un'organizzazione internazionale di ricerca per servizi di analisi dei dati. Il contratto ha un valore di 1,29 milioni di dollari canadesi per i primi 12 mesi, con un secondo anno opzionale che potrebbe portare a ricavi totali pari a 2,65 milioni di dollari canadesi più le tasse applicabili. Questo accordo estende un contratto precedentemente annunciato il 3 novembre 2023. Un Direttore dell'azienda riceverà una commissione del 5% per il suo ruolo nel garantire e sviluppare questa relazione con il cliente.
RIWI Corp (TSXV: RIWI) (OTC Pink: RWCRF) ha asegurado un nuevo acuerdo con una organización de investigación internacional para servicios de análisis de datos. El contrato tiene un valor de 1,29 millones de dólares canadienses para los primeros 12 meses, con un segundo año opcional que podría llevar los ingresos totales a 2,65 millones de dólares canadienses más los impuestos aplicables. Este acuerdo extiende un contrato anteriormente anunciado el 3 de noviembre de 2023. Un director de la empresa recibirá una comisión del 5% por su papel en asegurar y desarrollar esta relación con el cliente.
RIWI Corp (TSXV: RIWI) (OTC Pink: RWCRF)는 데이터 분석 서비스에 대한 국제 연구 기관과 새로운 계약을 체결했습니다. 이 계약의 가치는 처음 12개월 동안 129만 캐나다 달러이며, 선택적 2년 차에는 총 신규 수익이 265만 캐나다 달러에 해당하는 세금을 포함할 수 있습니다. 이 계약은 2023년 11월 3일에 발표된 이전 계약을 연장합니다. 회사의 이사는 이 고객 관계를 확보하고 개발하는 데 있어 5%의 수수료를 받을 것입니다.
RIWI Corp (TSXV: RIWI) (OTC Pink: RWCRF) a sécurisé un nouvel accord avec une organisation internationale de recherche pour des services d'analyse de données. Le contrat est évalué à 1,29 million CAD pour les 12 premiers mois, avec une seconde année optionnelle qui pourrait porter les nouveaux revenus totaux à 2,65 millions CAD plus les taxes applicables. Cet accord prolonge un contrat précédemment annoncé le 3 novembre 2023. Un directeur de l'entreprise recevra une commission de 5% pour son rôle dans la sécurisation et le développement de cette relation client.
RIWI Corp (TSXV: RIWI) (OTC Pink: RWCRF) hat eine neue Vereinbarung mit einer internationalen Forschungsorganisation über Datenanalysedienste gesichert. Der Vertrag hat einen Wert von 1,29 Millionen CAD für die ersten 12 Monate, mit einem optionalen zweiten Jahr, das die Gesamteinnahmen auf 2,65 Millionen CAD zuzüglich anfallender Steuern steigern könnte. Diese Vereinbarung verlängert einen zuvor am 3. November 2023 verkündeten Vertrag. Ein Direktor des Unternehmens erhält eine Provision von 5% für seine Rolle bei der Sicherung und Entwicklung dieser Kundenbeziehung.
- Secured new contract worth $1.29 million CAD for first 12 months
- Potential additional revenue of $1.37 million CAD in second year
- Extension of existing client relationship indicating customer satisfaction
- 5% commission payment to Director reduces net revenue from contract
Toronto, Ontario--(Newsfile Corp. - November 4, 2024) - RIWI Corp. (TSXV: RIWI) (OTC Pink: RWCRF) (the "Company" or "RIWI"), a market research platform, global trend-tracking and prediction technology firm, is pleased to announce that it has signed an agreement to provide data analytics for an international research organization. This new agreement extends the contract announced on November 3, 2023, demonstrating the continued trust and growing partnership between RIWI and its client.
The value announced today to RIWI is
"We are thrilled to continue and expand our partnership with this international research organization," said Greg Wong, RIWI's Chief Executive Officer.
"These new revenues not only reflect our ongoing commitment to delivering innovative data solutions but also demonstrate our ability to adapt and grow with our clients' needs. The extended agreement underscores the strength of our relationship and the value we bring to our partners."
"We look forward to leveraging our expertise and data streams to continue delivering high-quality, actionable insights for our client on a continuous basis," Mr. Wong added.
A Director of the Company will receive a commission of
About RIWI
RIWI is a market research platform and global trend-tracking and prediction technology firm. On a monthly or annual subscription basis, RIWI offers its clients tracking surveys, continuous risk monitoring, predictive analytics and ad effectiveness tests in all countries. https://riwi.com
RIWI CORP.
Signed: "Greg Wong"
Greg Wong, Chief Executive Officer
For more information, please contact investors@riwi.com or call 1-833-FOR-RIWI (367-7494).
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION:
Information and statements contained in this news release that are not historical facts are "forward-looking information" within the meaning of Canadian securities legislation that involves risks and uncertainties. Forward-looking information included herein is made as of the date of this news release and RIWI does not intend, and does not assume any obligation, to update forward-looking information unless required by applicable securities laws. Forward-looking information relates to future events or future performance and reflects management of the Company's expectations or beliefs regarding future events. This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/228724
FAQ
What is the total value of RIWI's (RWCRF) new contract announced in November 2024?
How much commission will be paid for RIWI's (RWCRF) new contract?
When was RIWI's (RWCRF) previous contract with this client announced?
