From a signed contract to cash: following commercial progress

A signed customer agreement can provide evidence of demand and future delivery opportunities. Its contract value does not necessarily describe revenue earned in one year, or cash already collected.

Revenue is recognised as the relevant goods or services are delivered under the applicable accounting policies. Cash receipts follow payment terms and collection. A multi-year agreement may therefore appear very differently in an order book, a revenue statement and a cash-flow report.

For AI infrastructure, capacity delivery, utilisation, power and equipment expenditure affect the economics of serving customer demand. Contract duration, payment schedules and delivery obligations matter alongside the headline value.

For a mental health platform serving organisations, implementation, adoption, renewals and expansion help explain commercial progress. Organisational reach is not the same as active use or a clinical outcome.

Institutional investors and acquirers benefit from seeing these measures reconciled over consistent periods. Bolt’s company pages distinguish contracted amounts, funding raised and valuation references so that each can be understood in context.