TSXV:RHT.H - Post by User
Comment by
lscfaon Mar 16, 2022 8:58am
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Post# 34517785
RE:Reliq announcec Five New Contracts in the US
RE:Reliq announcec Five New Contracts in the USDoes not mean increased revenues, just increased likelihood of meeting guidance.
When we talk about guidance, the difference between guidance, which is also obviously forward-looking and a forecast, is that the difference between that and revenue run rate is that guidance includes some of the expected growth over the year. So revenue run rate is really just clients that we've signed contracts with, whereas guidance includes clients that are in the pipeline that we have a very high level of confidence will convert and -- or potential clients that are in the pipeline that we have a very high level of confidence will convert to actual clients during that 12-month period for which we've provided guidance.