Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-9

So as others have said, the 3DP cash receipts figure was lower than expectations (only 61% up on PCP of $609k) - and the nett operating expenses / outflows were higher than expected.

Management did make the point that there was also $830k in outstanding receivables at 30 Sept 2021 (not sure what this receivable figure was at 30 June 2021) - so collecting some of these would obviously have helped this 4C report.

However, it was great to see a significant "organic" uplift in the ACV to $11.7m USD ($15.8m AUD) - an increase of $1.91m USD / 19.38% for the quarter.

That equates to "organic growth" (ie no large enterprise sales reported) of around $637,000 USD / $860,000 AUD per month.

Wow - that's pretty impressive, and computing 19% growth quarter on quarter going forward obviously leads to some pretty big numbers (and quickly).

And 3DP have now named "strategic partnerships and collaborations" with:

AMAG
FiberSense
Hyperone

As always, there are some areas that we would have liked more - but I personally feel the positives far outweigh any negatives in these update reports.

Looking forward to seeing the market reaction over the coming days & weeks

Good luck everyone.