Hubify Limited announced 3 key customer wins in 2H FY22 that contribute an additional $3.1 million of total contract revenue including $0.9 million of annualised recurring revenue to commence in the next 90 days. Harris Farm, a customer of Hubify for the last 4 years, has committed to a new security upgrade across 26 stores with one off project management revenue to Hubify of $0.5 million. This is in addition to Hubify's ongoing program to support Harris Farm with every new store roll as part of their stated $300m capital expansion plan.

Hubify has new commitments from Point Parking to provide connectivity and managed services including cyber security to 92 car parks with contract value of $1.74 million over 5 years ($0.348 million in annualised recurring revenue). Hubify has new commitments from Grosvenor Engineering to provide connectivity to 21 branches and an MS Teams voice solution to 120 staff with a contract value of $0.85 million ($0.55 million in annualised recurring revenue). This is in addition to the mobility solution Hubify has supplied for Grosvenor's team of 800+ employees and IOT devices.

Total contract value of these 2H FY22 contract wins of $3.1 million including $0.9 million in annualised recurring revenue to commence in the coming 90 days.