No partnership + no promotion of the partnership = no partnership revenue.
Seems pretty straight-forward.
Same applies to sales pipeline.
Horse and cart thing.
Pointerra got a decent pro-pump in the euphoria late last year, as did just about every ASX spec. Has suffered the retail sell-off, as have many others. Tough market right now.
Question 1: Is the company better placed now than it was then?
AutoDesk-Forge, Bentley Systems, new US COO Randy Rhoads ex-Harris Geospatial, $20 million pipeline of DaaS recurring sales, bidding on multi-year contracts for 7 of Top 10 US Energy Utilities, major shareholders extending escrow of another 12 months.
A lot to like.
Question 2: How many Aussie competitors have partnerships with AutoDesk and Bentley's, achieving what Pointerra are achieving in the US?
Not saying the SP isn't disappointing.
For me, it's overdone.
Risk-reward to the upside from here.
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