Hubify Limited announced that it has entered into a new agreement with Optus to supply Optus Enterprise customers IT Services. Effective October 1, 2021, Optus have novated existing agreements with selected customers to Hubify. Hubify has commenced invoicing customers directly. Hubify and Optus have signed a Master Supplier Agreement where Hubify will supply Optus Enterprise customers IT Services. The customer agreements contribute an annualised recurring revenue (ARR) to Hubify of $4.0 million, an increase of 29% to $17.9 million compared to the FY21 exit rate of $13.9 million. Hubify has successfully recruited specialist technical and project management staff to fulfill the immediate increase in services. The partnership will accelerate Hubify's organic growth expectations in its Managed Services Division.