Great analysis, and as others have said it is very much...

Great analysis, and as others have said it is very much appreciated

Pointerra has taken a "pretty big detour" (with falling revenues) over the past couple of years, but your analysis clearly outlines why I invested in the first place.

With such high gross profit margins, this business does not need "massive revenue levels" to be seriously profitable (unlike many other ASX listed micro caps).

@ Rokewa's estimated EBITDA positive result was on revenues of approximately $10.5m AUD

And the business was estimated as being profitable from revenues of around $12m AUD

From the last 3 announcements, it looks like 3DP have already locked in approximately $6.5m AUD in 24/25 revenue from just two clients (FPL & US DOE)

And they have also recently recruited another experienced Business Development Officer in Nour Eltanbouli

So these are big steps towards hitting EBITDA positive & profitability in 24/25

We just need to:

Keep all the existing smaller customers spending on the platform.
Get a few more existing clients to start spending (eg Amazon, Entergy).
Get some existing clients to start spending more (eg tier 1 miners, Other US Utility clients etc).
Leverage some new US sales out of this US DOE program.
Realise some more deals from our global sales partners (eg eSolutions, Emesent, Carbonix etc).
Land a few more 7 figure sales deals.
And the ultimate, land one of the previously mentioned 8 ARR figure sales deals - maybe from somewhere like the Middle East.

The first 5 points should all happen in 24/25, and it would be amazing if points 6 & 7 can also happen in this financial year