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 total potential revenue


Artificial Intelligence Technology Solutions Provides Updated Financial Guidance Markets Insider

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RAD's suite of products which presently includes SCOT, WALLY and FRED provides recurring monthly revenue for RAD. On average, each SCOT, WALLY and FRED respectively can generate, over a 4 year period, $60,000, $25,000 and $12,000 of total revenue for the Company. To date the aggregate of all units presently deployed, at purchase order stage and client verbal commitment stage equal more than $2,400,000 worth of total potential revenue. RAD expects to reach $100,000 of monthly recurring revenue by this fiscal year end February 28, 2019, which represents approximately $5,000,000 of total potential revenue. RAD already has total deployments, purchase orders and verbal commitments for half of this amount to date.