the trailing 12 mths history (along with 2022 & 2023 trends) seems to highlight that this is less a cash collection issue, but rather a billing/revenue issue......customers are just not paying for whatever Pointerra is selling.
The drop is quite shocking when laid out as such.....you could argue delays & seasonality all you like (as he has done for the last 3 yrs), but the last 4 quarters just highlights that they have almost stalled in generating revenues and/or getting their clients to pay for the service.
If Olsen pays as much attention to clients as he does to what shareholders and the market has been telling him for the last 2 years, perhaps that is the reason we are seeing the revenues/cashflow all seemingly collapse so dramatically
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