Clearly a very poor result, but I agree with @ Rokewa and @ Hogana123
I was expecting worse (I expected 3DP Revenues to drop to around $6.5m & then the nett loss to be around the same) - as per my post approximately a week ago
But revenues only fell 8% to $7.6m, and EBITDA (excluding the $1.0m in share based payments & $160k in depreciation) was actually a bit better than last year
With the second half of the year much stronger than the first half
Revenue in the second half was $5.2m with an EBITDA loss of just $400k - so Pointerra exited the year with a significantly improved run rate
And gross margins still looked pretty good - despite the revenues failing slightly
Will have a better read later, and whilst it is still very clear that Pointerra need to crank up their revenues, this report gives reason for "cautious optimism" IMO
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