Share
2,361 Posts.
lightbulb Created with Sketch. 469
clock Created with Sketch. 09/12/24
07:42
Share
Originally posted by Rokewa:
↑
If I think back, the Delta between declared ACV and reported Revenue was where it all started. Then the narrative in Reporting was overstated versus the reality, 4c after 4c, Half year after Half year, Full year after Full year. What we consider now as the good years, was in reality very ordinary. The Company never got to Report an Annual Revenue of greater than AUD10m. The last reported ACV number (declared in US$) translated into about AUD31m. Pointerra have to wear the fact they allowed this situation to become prolonged without explanation or resolve.
Expand
A lot of tech companies have these attributes. We need some execution by management. Maybe it's time, they shifted their focus from potential 8 digit contracts & banged out a couple of high 6 digit contracts a quarter.
