Stocks in play: Smart Employee Benefits Inc.
Announces three new contract wins for fiscal year 2022 in Canada and the U.S. Collectively, the IT budgets for these entities are hundreds of millions of dollars annually, and SEB has vendor status to bid on the delivery of IT solutions and services. The software/solution wins have a minimum value in excess of $5.7 million. The Professional Services wins are over $70.8 million, including $33.1 million of option years. All contract wins are multiyear recurring revenue contracts with terms between two and 11 years. Smart Employee Benefits Inc. shares V.SEB are trading up $0.01 at $0.15.
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