Ian referenced this in the Nov. RaaS interview with Finola...

Ian referenced this in the Nov. RaaS interview with Finola Burke. As Rokewa said, there are a lot of moving parts. It isn't entirely in Pointerra's control. In fact, it's not in their control at all. If the customer hasn't done their part Pointerra cannot go to market with a half-baked guesstimate. Certainly they can't pre-empt anything Entergy may or may not have to say.

If the customer has done their work, especially Entergy, then hopefully we will get an announcement with some visibility into what the works program - and ARR - looks like by end of March or thereabouts. Pointerra can only move as fast as the whale utilities allow. More materially, they can only release to market what Entergy authorizes them to release.

It might surprise many here to know there are several layers of management Pointerra has to go through at these large US utilities before they are authorized to release any material information to market via the ASX including use of the customer name. Which was the main reason for the delay in the contract announcement. That and dealing with ASX's arcane disclosure rules.

Frustrating for all concerned, but it is what it is.

Notwithstanding, Pointerra is clearly working through the process and will update the market when they are able.

RaaS: 'Reporting ARR for the monthly, quarterly and semi-annual customers is relatively straightforward. The ARR contribution from the US utilities is the harder piece. What we're doing at the moment is getting an understanding of the programs that have been delayed, when are they coming back on track in FY24 and to what extent can we rely on them in terms of, not non-negotiable - but not program related so they're baked in and we can justifiably include them in an annual recurring number.'

We'd like to get that number out as quickly as we can but at this point it looks like a New year story, so a CYQ3 story for us rather than something we'll be able to produce this side of Christmas.'