Ann: Appendix 4C - quarterly, page-10

I was playing around with the numbers. Pointerra has had consistent ACV growth of 40% over two quarters now. Operating expenses were down slightly from the last quarter as well. Assuming that ACV continues to grow at a moderate 25% from now on, and operating expenses grow at 5% (after the company's forecast for the next quarter), I came up with this:



Timing of cash receipts from customers is clearly very lumpy, but what about using a very crude method to smooth it out by simply dividing ACV by 4 quarters? We can then compare (ACV / 4) with operating expenses:



We should keep in mind that: "The Company has lodged an R&D expenditure refund claim of $0.47million in respect of the FY19 year and this is expected to be received in August 2019."

I'm expecting Pointerra to be cash flow positive going forwards and topped up today.