Morning everyone!! Great announcement, and hopefully the start...

Morning everyone!!

Great announcement, and hopefully the start of some regular positive news flow - especially now that our 2 x Chief Growth Officers have commenced with 3DP.

Joe in the US, and Anthony in Australasia & EMEA.

As others have said, this is big revenue $$ - upwards of $5m USD per year (around $7.5m AUD), and potentially $12 USD per year (around $18m AUD a year).

3DP's revenue for around the first half of this year (22/23) was around $4m AUD, so this one contract with Entergy & US EPC Partners could potentially double their existing / known revenue.

And Pointerra will only be building the digital twin, & then hosting / analysing the data on their platform.

As we have said all along, this business has a Gross Profit Margin of around 90% - and it has very low overheads.

So large revenue deals like this make a huge difference to both the cash receipts - and to 3DP's profitability.

Which is unlike many other micro cap companies on the ASX that need huge revenue figures to be profitable / highly profitable.

Have a great day & weekend everyone