RIWI Corp. announced that it has signed a new contract to conduct surveys and automated data analytics on behalf of an information technology consortium, an existing client. The total contract value to RIWI is $1 million
CAD for work conducted over a period of 12 months. Transactional revenue refers to the revenue arising from the Company's recent acquisition of Research on Mobile and is generated every time the ROM system matches a survey respondent to an active survey commissioned on one of the global research marketplaces or to a direct end customer and the respondent completes the survey. Project-based revenue is the traditional RIWI revenue where
customers purchase RIWI data to do a specific survey or digital message test in one or more countries. Recurring revenue is revenue where a customer subscribes to either the RIWI platform or to one of its data products, such as the Compass data series.