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Orcoda (ASX:ODA) inks SaaS transport management contract with Comlink Australia

ASX News, Capital Compass, Technology, The Market Herald Boardroom
ASX:ODA      MCAP $21.99M
27 July 2023 10:58 (AEDT)

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Orcoda (ODA), through its subsidiary, has signed a Software as a Service (SaaS) transport management contract with Comlink Australia.

Comlink Australia is considered a well-established provider of aged care and community services spread across Queensland. Operations span from Toowoomba right up to Cairns and the far north.

The contract is for a two-year term, and Comlink Australia has the option to extend it based on its requirements.

Orcoda anticipates revenue of $400,000 during the initial two-year term, encompassing monthly license fees, as well as implementation and training fees.

“We are delighted that Comlink has chosen Orcoda’s software platform to support the management of its community transport operations.” ODA Managing Director Geoff Jamieson said. 

“We have deep experience in supporting community transport providers and look forward to a long and mutually rewarding relationship with Comlink.”

With this contract, ODA aims to strengthen its status as a leading provider of innovative solutions for the transport logistics and infrastructure domain.

Orcoda shares were down 6.25 per cent, trading at 30 cents at 10:58 am AEST.

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