Urbanise.com Annual Report 2019

6. Segment information (continued) The revenue reported above represents the revenue generated from external customers. Segment result represents the profit or loss incurred by each segment without the allocation of interest income, finance costs, income tax expense, depreciation and amortisation and impairment. General and administrative costs including employee costs for the senior leadership team have not been allocated between regions and are included within the region where they are employed, mainly APAC. This is the measure reported to the chief operating decision maker for the purpose of resource allocation and assessment of segment performance. The amount of external revenue derived from major customers where the revenue is greater than 10% is $nil (2018: nil). 7. Revenue from contracts with customers Disaggregated revenue information As previously noted, the Group adopted AASB15 using the modified retrospective method at 1 July 2018. As such revenue recognised in the year ended 30 June 2018 has not been restated. Set out below is the disaggregation of the Group’s revenue from contracts with customers: Type of Good or service For the year ended 30 June 2019 Strata Facilities Utilities Other Total Platform licence and activation fee 4,037,020 1,953,820 116,845 60,108 6,167,793 Professional services 836,133 978,762 21,338 – 1,836,233 Hardware – – 42,389 26,396 68,785 Total revenue from contracts with customers 4,837,153 2,932,582 180,572 86,504 8,072,811 Geographical markets For the year ended 30 June 2019 Strata Facilities Utilities Other Total APAC 2,968,627 1,913,587 – 22,732 4,904,946 E/ME 1,726,630 943,791 – 54,222 2,724,643 Africa 177,896 75,204 180,572 9,550 443,222 Total revenue from contracts with customers 4,873,153 2,932,582 180,572 86,504 8,072,811 Timing of revenue recognition For the year ended 30 June 2019 Strata Facilities Utilities Other Total Goods transferred at a point in time – – 42,389 26,396 68,785 Services transferred over time 4,873,153 2,932,582 138,183 60,108 8,004,026 Total revenue from contracts with customers 4,873,153 2,932,582 180,572 86,504 8,072,811 Type of Good or service For the year ended 30 June 2018 Strata Facilities Utilities Other Total Platform licence and activation fee 3,452,200 693,790 140,961 211,712 4,498,663 Professional services 821,874 354,000 18,379 29,663 1,223,916 ROL reversal (i) (540,811) – – – (540,811) Hardware – – 76,543 185,329 261,872 Total revenue 3,733,263 1,047,790 235,883 426,704 5,443,640 Notes to the Consolidated Financial Statements for the year ended 30 June 2019 (continued) 59