Stock Market: DataWalk (WSE:DAT) – New Contracts

This report is prepared for the Warsaw Stock Exchange SA within the framework of the Analytical Coverage Support Program 3.0.

374/2022/AR

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Event: Two new contracts: (i) with Total Energies and (ii) extension of contract with Polish Police Headquarters (KGP).

After yesterday’s close, the Company informed about signing 2 new contracts for a delivery of DataWalk’s system:

• the agreement with Total Energies assumes DataWalk’s system implementation in cybersecurity analytics;
• the agreement with Polish Police Headquarters (KGP in Polish abbreviation) is a continuation of the earlier cooperation which was reported about in September 2020; this agreement is related to the sale of a perpetual license and maintenance and implementation services with a view to full utilization of DataWalk’s platform for crime analysis.

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Expected impact: Positive; the previous agreement with Polish Police Headquarters has been so far the biggest (in value terms) contract signed by the Company. We believe that the new contract may be bigger as DataWalk’s current information policy assumes sharing the information about further contracts with the same client only in the case when the subsequent contract is bigger (in value terms).

Analyst

Tomasz Rodak, CFA +48 797 487 381

GPW’s Analytical Coverage Support Programme 3.0