3DP 13.9% 4.1¢ pointerra limited

Regarding FPL:”Revenue for Pointerra and the resultant impact on...

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    Regarding FPL:
    ”Revenue for Pointerra and the resultant impact on ACV (Annual Contract Value) will be determined by the number, frequency and severity of storm responses during each season and has the potential to be material for the Company, however in any event will be not less than US$250,000 pa.”

    Regarding NextEra:
    ”The new enterprise subscription with NextEra Energy has the potential to be material for the Company, however in any event will be not less than US$250,000 pa. The contract is annual and is capable of being terminated at any time and is in addition to previously disclosed enterprise agreements with NextEra Energy.”

    Minimum USD $500K p/a added, a nice little update and again proves the pedigree of the sales team, customers & contract size coming in for 3DP.
 
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