Pointerra Ltd - Back in the black, H1 FY25 forecasts beat

239 Views26 Feb 2025 05:00

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SUMMARY

RaaS has published an update on 3D spatial data solutions group Pointerra (ASX:3DP) following the release of its H1 FY25 results in which the company returned to profitability, reporting underlying NPAT of $1.07m, a $4.76m turnaround on the previous corresponding period (pcp) and 45% ahead of our forecast for underlying NPAT of $0.74m.
The result was struck on better-than-forecast revenue of $6.99m, the second-best half-year revenue result reported by the company in its history and an increase of 185% on the pcp.
Operating cash flow for the half increased 194% to $1.8m, the company’s best-ever half-year operating cash-flow result.

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