Revenue Recognition
Contracts, obligations and a schedule that ties to deferred revenue.
Deferred RevenueJMD 0
Closing October
Remaining Performance ObligationsJMD 0
All open contracts
Recognised This MonthJMD 0
October
Five-step model — CT-814
Identify Contract→Identify Obligations→Determine Price→Allocate Price→Recognise
ContractSigned 12 May 2026 · Mandeville trunk
ObligationsBuild, handover, support
PriceJMD 18,600,000
Allocation77% / 13% / 10%
RecognisePercentage of completion 46%
Contracts
Modified contracts show prospective or cumulative catch-up.
| Contract ID | Customer | Source | Entity | Value | Treatment | Status | |
|---|---|---|---|---|---|---|---|
| CT-801 | Cedar Grove Estates | Fiber Subscription | Seiretsu Jamaica | JMD 8,400,000 | — | Active | |
| CT-808 | Half Way Tree Offices | MVNO Plan | Seiretsu LLC | JMD 2,100,000 | Prospective | Pending Approval | |
| CT-814 | Mandeville trunk build | Project | Seiretsu Jamaica | JMD 18,600,000 | Cumulative Catch-up | Active | |
| CT-820 | Qimonda usage — October | Usage | Seiretsu Jamaica Seiretsu LLC | JMD 960,000 | — | Active | |
| CT-900 | Kingston fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-901 | St. Andrew fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-902 | Manchester fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-903 | Clarendon fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-904 | St. Catherine fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-905 | St. James fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-906 | Portland fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-907 | St. Ann fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-908 | Westmoreland fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-909 | St. Elizabeth fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-910 | St. Mary fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-911 | Hanover fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-912 | Kingston fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-913 | St. Andrew fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-914 | Manchester fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-915 | Clarendon fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-916 | St. Catherine fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-917 | St. James fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-918 | Portland fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-919 | St. Ann fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-920 | Westmoreland fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-921 | St. Elizabeth fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-922 | St. Mary fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-923 | Hanover fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-924 | Kingston fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-925 | St. Andrew fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-926 | Manchester fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-927 | Clarendon fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-928 | St. Catherine fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-929 | St. James fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-930 | Portland fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-931 | St. Ann fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-932 | Westmoreland fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-933 | St. Elizabeth fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-934 | St. Mary fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-935 | Hanover fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-936 | Kingston fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-937 | St. Andrew fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-938 | Manchester fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active | |
| CT-939 | Clarendon fiber | Fiber Subscription | Seiretsu Jamaica | JMD 120,000 | — | Active |
No records match this filter.
Performance obligations — CT-814
| Obligation | Standalone Selling Price | Allocated Price | Allocation % | Trigger |
|---|---|---|---|---|
| Build | JMD 15,000,000 | JMD 14,400,000 | 77% | Percentage of Completion |
| Handover | JMD 2,500,000 | JMD 2,400,000 | 13% | Milestone |
| Support year 1 | JMD 1,900,000 | JMD 1,800,000 | 10% | Ratable |
SSP estimation workbench
Fiber installation — adjusted market assessment
Adjusted market
LowJMD 2,200,000
PointJMD 2,500,000
HighJMD 2,800,000
Recognition schedule — October
Closing deferred equals the deferred-revenue KPI
| Period | Opening Deferred | Billings | Recognised | Closing |
|---|---|---|---|---|
| Oct 2026 | JMD 28,900,000 | JMD 54,900,000 | JMD 52,400,000 | JMD 31,400,000 |
Contract costs
| Cost | Balance | Amortisation this month |
|---|---|---|
| Costs to obtain | JMD 860,000 | JMD 72,000 |
| Costs to fulfil | JMD 2,140,000 | JMD 180,000 |
28,900,000 + 54,900,000 − 52,400,000 = 31,400,000.
Deferred revenue rollforward
| Amount | |
|---|---|
| Opening | JMD 28,900,000 |
| Billings | JMD 54,900,000 |
| Recognised | JMD 52,400,000 |
| Closing | JMD 31,400,000 |
Revenue waterfall
Remaining obligations by time band
Totals JMD 118,900,000
| Band | Amount |
|---|---|
| Under 1 year | JMD 64,200,000 |
| 1–2 years | JMD 32,100,000 |
| Over 2 years | JMD 22,600,000 |
| Total | JMD 118,900,000 |