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Pointerra Ltd - Customer Programme Delays Defer Cash into H2
SUMMARY
- Pointerra Ltd (ASX:3DP) provides a powerful cloud-based solution (Pointerra3D) for managing, visualising, analysing, using, and sharing massive 3D point clouds and datasets.
- Pointerra3D is a proprietary digital twin SaaS platform which delivers predictive digital insights and definitive answers to complex physical asset management questions.
- Pointerra has reported Q2 FY24 cash receipts of $1.33m, down 32% on the previous corresponding period (pcp) and down 35% on Q1 FY24, with the company commenting that delays in customer programmes, invoicing, and receivables collection had deferred an additional $1.5m in potential customer receipts into Q3 and Q4.
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