Hi Posters,
This is an excellent result, both in terms of the financials and in regard to our pathway forward.
As usual, the announcement(s) are very understated - most other companies would be going crazy - worse than Melbourne fans after the Grand Final!
There is a boatload of really positive commentary around our place in this rapidly growing sector with improvements in all client component areas and in our technology. This is cutting edge stuff folks - I know our eyes tend to glaze over the techspeak material but the engine room of the tech is being seriously upgraded and the end result for users is a better client interface with enhanced features. Ultimately, these sorts of improvements are crucial in maintaining and boosting our position as a market leader.
Just a few key messages:
- landing Western Power in WA, a very large customer, plus renewal of SA Power
- awarded projects with NextEra & FPL in the US
- Civil infrastructure demand increasing significantly (supported by post covid government investment)
- forecast new airport customers on back of improved interface
- Many (over 25) contract opportunities with US military, possible consulting arrangements with former high ranking officers
- Working with the big boys in Mining, Oil & Gas. Note: in WA alone we have 3 of the largest gas projects on the planet
All of these developments should be thoughtfully digested, in terms of the projected value for this outstanding company. Pointerra continues to impress and is laying the groundwork for a rapid climb in share price IMO. .
These are great results and auger well for substantially boosting revenues and our sp!
Of course DYOR, as always.
Cheers
U
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