3dp chart, page-3734

Been great to see some new contracts announced by Pointerra.

With 3 x contracts announced over the past 5 months (totalling $6.6m AUD), and with the vast majority of this revenue to be booked in FY24/25.

8/3/24: $2.9m AUD - FPL - revenue to be achieved in 2024

28/6/24: $2.47m AUD - US DOE - revenue to be achieved by 30 June 2025

9/8/24: $1.23m AUD - FPL - revenue to be achieved in FY24/25

And this $6.6m is from just two of Pointerra's clients - FPL & the US Department of Energy.

Given these announcements, 24/25 will clearly be a much better year financially - and you would expect revenues to be well upwards of $10m.

However, I am expecting a pretty awful annual report in the next week or two.

3DP Revenues have been $10.7m in 21/22 (loss of 2.9m including share based payments), and then $8.3m in 22/23 (loss of $4.4m including share based payments).

My "best estimates" for the year just finished (23/24) are revenues of approximately $6.4m - and with a nett loss of around the same number.

Steps were taken in the second half of 23/24 to siginificantly decrease staff costs - which will hold this company in good stead going forward.

However, clearly they need to get their revenue numbers in an upwards trajectory again - and I am pretty confident they will achieve revenue growth of at least 75% in 24/25

Have a great week everyone