- Pointerra (3DP) has released a strong September quarterly which outlines a 72 per cent growth in annual contract value
- This was largely driven by customers spending more as well as new customers coming on board
- Pointerra provides various data and analytics solutions to help customers manage 3D point clouds and datasets
- Pointerra received $0.61 million in customer receipts – a decrease from $0.82 million in the July quarter
- But the company expects the variability of quarter cash receipts to ‘smooth out’ once further opportunities present themselves
- At the end of the quarter, Pointerra finished with a healthy sum of $4.85 million in cash and equivalents
