bullish
Pointerra Ltd - Q1 cash receipts up 50% on pcp
SUMMARY
- RaaS has published an update report on 3D spatial data solutions group Pointerra (ASX:3DP) following its Q1 FY25 results in which it reported a 50.4% increase in cash receipts to $3.08m, the highest recorded since Q3 FY23.
- Operating cash flow for the quarter was positive $0.31m, a $0.801m turnaround on the previous corresponding period (pcp) and $0.494m uplift on Q4 FY24.
- Pointerra ended the quarter with $2.994m in cash.
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