Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-30

  1. 3,245 Posts.
    lightbulb Created with Sketch. 1228

    14 pages of guff to get to 730k in receipts.....for all the technology savvy that Pointerra clain to have with their software, they can't seem to work out how invoicing & cashflow works (surely just pay ~$200 per month for Xero and it will automatically remind you to invoice your clients)

    the only real surprise for most shareholders is that there was no major 'deal' announced ahead of the 4C and that there has not been a capital raise (well still 2.9m in the bank so there is a possibility of something to look forward to)

    I still recall all the talk of the US Utility sector delaying programs for a number of years (??? I never believed that little bit of nonsense that Olsen jumped on), and now it has been unshackled......hard to believe that with 700k in revenues

    when you consider that out of the $730k, $404k went to AWS etc, then it's a pretty shocking metric that they bought in ~$300k (so USD200k) in revenues


 
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