Urbanise.com Limited reported revenue results for the first half of fiscal year 2017. For the period, the company reported $2.6 million of revenues.

The company provided earnings guidance for the financial year ending June 30, 2017. The company is currently forecasting revenues of between $9 million and $14 million. $4.6 million of the fiscal year 2017 revenues are expected to be generated from already contracted recurring revenue. $4.0 million of the fiscal year 2017 revenues are expected to be generated from customers that have recently conducted trials and/or small scale deployments, and whom have a stated intention to conduct roll-outs within the 6 month period to June 30, 2017. Up to $5 million of the fiscal year 2017 revenues are expected to be generated from new customers currently under various stages of business development and approximately $0.4 million is expected to be received as other income.