CONCENTRATIONS AND ECONOMIC DEPENDENCE

12 Months Ended

Aug. 31, 2019

CONCENTRATIONS AND ECONOMIC DEPENDENCE [Text Block]

9. CONCENTRATIONS AND ECONOMIC DEPENDENCE

The Company operates solely in the digital media software segment and all revenue from its products and services are made in this segment.

Revenue from external customers, by product and location of customer, is as follows:

	2019	2018
	$	$
Play MPE®
United States	1,658,603	1,527,868
Europe	1,784,821	1,721,654
Australia	309,291	289,042
Total Play MPE® Revenue	3,752,715	3,538,564
Clipstream ®
United States	56,377	67,907
Total Clipstream ® Revenue	56,377	67,907
Total Revenue	3,809,092	3,606,471

Revenue in the above table is based on location of the customer’s billing address. Some of these customers have distribution centers located around the globe and distribute around the world. During the year ended August 31, 2019, the Company generated 41% of total revenue from one customer [2018 - 42%].

It is in management’s opinion that the Company is not exposed to significant credit risk.

As at August 31, 2019, two customers represented $233,549 (70%) of the trade receivables balance [2018 – one customer represented $102,313 (25%)].

The Company has substantially all its assets in Canada and its current and planned future operations are, and will be, located in Canada.