bullish
Pointerra Ltd - All eyes on FY25
SUMMARY
- RaaS Research Group has published an update report on 3D spatial data solutions group Pointerra (ASX:3DP) after the release of the Q4 cash flow and activity statements which saw a 241% increase in Q4 cash receipts to $2.67m, the best result in five quarters.
- Cash receipts were the largest reported of any quarter in FY24 and the highest reported since Q3 FY23.
- Cash burn for the quarter was contained to $0.18m, the best result in five quarters, with administration and other costs essentially flat year-on-year and employee costs declining 7% for the period.
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