MyFirstApp

Stockholm - 2023-09-22

MyFirstApp is glad to announce that we have received over 10 orders through a subcontractor to offer our subsidiary platform, 10Monkeys, to libraries all across Australia. The subcontractor, located in Australia, has secured agreements with several individual libraries dispersed throughout the country.

This partnership entails the recurring licensing of the 10Monkeys platform and is estimated to generate a recurring annual revenue of 200,000 SEK. We are enthusiastic about this development and will continue to concentrate on this type of business development and sales. We perceive clear interest and a robust business model in licensing our platform to companies, municipalities, and other organizations.

We are looking forward to continuing our expansion and to fortifying our collaboration with libraries and other institutions around the globe, and we are confident that this will contribute to sustained positive growth for MyFirstApp and 10Monkeys.