It’s been a bit of a wild week. I can’t say I wasn’t a little surprised at 4C results given 90 days earlier it was communicated it would be a cash flow positive quarter.
That said, one dimension of my role is collecting receipts (in a much easier sector) yet it is a shocking headache.
Ian has pointed out many times 90 days is short and not indicative of success or failure. Receipts slid into July - so be it.
There is no conspiracy. Pointerra has gone the large enterprise level solution route (where the real dollars lie) but, with it comes an hell of a lot of pain.
Chill out, let’s see how annual report goes (and T20 changes!) and let’s hope to see revenues start to lift blind with Friday’s announcement.
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