9 months into production, Traction in 2 countries, SG & PH, secured pipeline of 2mil issuance.

On pilot project with 2 key PH agencies, TESDA & MARINA each with no less than 2 mil issuances per annual.

High CLTV and ARR as cost of change of issuance system is high.
Phase 1 Biz model is Charging by per issuance.