It's been a very tough couple of days - with a couple of my micro caps getting absolutely smashed (including Pointerra & Alcidion).
In fact, it's been an horrific couple of years for my mostly tech & medtech micro cap stocks, and I am sure that I am not the only one regularly thinking "why didn't I sell some or sell more" over this past couple of years.
Clearly the cash received in the recent 3DP quarterly was underwhelming, and when combined with higher than expected staff costs partly due to the R & D Rebate, it led to nett cash outgoings that I didn't expect.
In times like this, I like to revisit why I am invested in certain companies - particularly the ones where I am way overweight like Pointerra.
So I thought that I would put together a list of the companies that Pointerra have worked with - and as customer churn is apparently low, we are probably still working with most if not all of them.
Please note that this Pointerra customer list is not exhaustive, I'm sure @ glutenfree will have some other companies to add to this list - and please let me know if I have forgotten any major clients
1. Utilities - Power & Water
NextEra / FPL / Gulf Power
Eversource
Entergy
Pacific Gas & Electric
Duke Power
Dominion Energy
Vulcan Line Tools
Western Power
South Australia Power Networks
BHI Energy / Westinghouse Electric Co
Enel Colombia
Major Australian Water Utility (not sure who??)
2. Mining, Oil & Gas (lots of digital twins being built in this sector)
Rio Tinto
Newcrest
Anglo American
Chevron
Yancoal
Oil Search
Legeneering Partnership
Gridvision
3. Survey & Mapping (lower value clients but lots of them, they can now load their date quickly onto the 3DP cloud platform)
Sydney Trains
Rail Projects Victoria
Transport for NSW
Currently engaged with several post & airport operators in Aust & the USA
6. Defence / Defence Contractors / Intelligence
???? (ADF & US DOD)
As you can see the Pointerra client list is very impressive.
Now Pointerra need to get them all to start using the platform more & paying the company some decent $$$, and then cash receipts & revenues will start to really crank along.
3DP Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
(20min delay)
