In today’s briefing:
- Pointerra Ltd – Best ever quarter, Q2 outperforms forecasts
Pointerra Ltd – Best ever quarter, Q2 outperforms forecasts
- RaaS has published an update on 3D spatial data solutions group Pointerra (ASX:3DP) following the release of the company’s best ever quarterly results, from a cash receipts, operating cashflow and organic cash growth perspective.
- Q2 FY25 cash receipts of $4.24m were up 219% on the previous corresponding period (pcp) and 38% against Q1 FY25.
- Operating cash inflow for Q2 was $1.45m, a $2.89m turnaround on the operating cash flow reported in Q2 FY24 and a 367% improvement on Q1 FY25.
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