The market valuation makes no sense a 10%+ gain on $1.3M quarterly revenue, like seriously??

I can’t be the only one :D  

Purely on the context of the chart and recent downturn in the market I would like to make two observations:

- Pointerra is still not making money, despite the fact that cash receipts are increasing;

- The rise from the levels around 50c to over 70 c has given a reason for profit taking - that was smart by those who took some profits;

Disclosure: Never held 3DP

Strawman

Your latest straw on Pointerra Q4 Cash Flow report understates the cash receipts. This was reported as $0.82 m.

You also highlighted a concern that they failed to report on ACV. This is covered in the report .....

"The Company will separately report an enterprise sales update including ACV analysis prior to the end of July."

So hopefully further good news to follow next week. An emerging 'Momentum Play' in my book. Love the modest cost structure and their communication style is very much shareholder / investor aligned. No play on words, no BS and provides a concise account of the 'state of play'.

Oneards and upwards.

Rokewa

Hey Machissimmo,

I agree with your 20x ACV premise in your valuation but I thought ACV was currently up to $1.85M? 3DP's most recent quarterly cashflow update found here had it up from 1.32 to 1.85.

With that new figure (keeping all other elements constant) you'd expect a 2020 valuation of 5.6c, discounted back 10% to say 5.1c

I might have missed something but this is a company that has taken my fancy. Keen for your feedback.