Orcoda Signs Three-Year Transport Contract with Linked
Key points
- Signed a three-year contract with Linked Community Services
- Contract valued at approximately $500k, enhancing ARR
- Expected to increase revenue over the contract term
- Strengthens Orcoda's presence in the NSW transport sector
Full summary
Orcoda Limited, an AI-powered transport technology solutions provider, has signed a three-year contract with Linked Community Services, one of the largest community transport providers in NSW. The contract, valued at approximately $500k, is expected to boost Orcoda's Annual Recurring Revenue (ARR) and provide a strong start for the second quarter of FY27. This deal complements Orcoda's previously announced $14.7 million ARR. The contract aims to enhance efficiencies and services for Linked's fleet, leveraging Orcoda's Transport360 platform. This partnership is anticipated to expand Orcoda's footprint in the NSW community transport sector and potentially attract more providers to adopt Orcoda's technology.
Guidance
Increase in ARR by approximately $500k in the second quarter of FY27
Outlook
The contract is expected to enhance efficiencies and services for Linked's fleet, leveraging Orcoda's Transport360 platform, potentially expanding Orcoda's footprint in the NSW community transport sector.
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