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POINTERRA LIMITED — Capital/Financing Update 2019
Apr 30, 2019
64255_rns_2019-04-30_b1af2327-231e-4144-818d-bf79563fc461.pdf
Capital/Financing Update
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Pointerra Limited
ASX Announcement
1 May 2019
Annual Contract Value (ACV) Update
Pointerra Limited (ASX: 3DP) (“Pointerra”; “Company”) is pleased to provide an update on aggregate ACV status as at 30 April 2019.
ACV up 42% over prior quarter
The total ACV of Pointerra’s Data as a Service (DaaS) and Analytics as a Service (AaaS) subscriptions amounted to $1.32 million as at 30 April 2019, up 42% over the total of $0.93 million reported on 31 January 2019.
The increase in ACV was due to growth in DaaS revenue (from new customers as well as existing customers uplifting their subscription levels) coupled with the emergence of new AaaS subscriptions.
Sales Outlook
The Company currently has a number of DaaS and AaaS proposals before enterprise customers, as well as prospects in the Australasian, North American and European markets. The company is confident that it will further grow aggregate ACV in coming months and quarters.
Pointerra will continue to provide regular enterprise sales updates to highlight noteworthy customer wins, which are being accelerated through the addition of new sales resources in the Australasian and North American markets.
As preciously advised, Pointerra is now reporting the aggregate ACV of its DaaS and AaaS subscription customers to allow the Company to report growth in customer sales in addition to cash generated through operations, which varies from time to time as some customers elect to pay in installment periods other than a typical monthly subscription.
ENDS
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Pointerra Limited | ABN 39 078 388 155 Registered Office: Level 4, 216 St Georges Terrace, Perth WA 6000 T +61 8 6268 2622 | F +61 8 6268 2699 | E: [email protected]
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Pointerra Limited
For more information, please contact:
Ian Olson Managing Director, Pointerra
+61 417 998 328 [email protected]
Paul Hart Canary Capital +61 421 051 474 [email protected]
About Pointerra : Pointerra is an Australian company focussed on the commercialisation of its unique 3D geospatial data technology. Pointerra’s technology has solved an entrenched problem in the digital asset management sector and allows very large 3D datasets to be used without the need for high performance computing. 3D data is processed and stored in the cloud for instant, on demand user access: anytime, anywhere, on any device – providing actionable 3D information to power digital asset management solutions.
Common Q&A’s about Pointerra:
1. What do we do? We manage, analyze and monetize other people’s 3D data for them.
2. How do we make money? People pay us to manage their data, to develop or source analytics to make sense of their data and they share revenue with us when we help them to monetize their data.
3. Why do people need us? 3D data is hard to manage, use, analyze and share. We have proprietary (patent protected) IP that lets us do what we do better than anyone else.
4. Do we have competitors? There are lots of desktop solutions for 3D data and fewer cloud solutions. Most cloud solutions focus on visualization but aren’t readily analyzed - either quickly and efficiently or at mass scale. Our IP allows us to do this better than anyone else.
5. Who are our customers? Anyone who is engaged in capturing (surveyors, drone operators, aerial and satellite mapping) or using (AEC sector, asset owners/operators/insurers/regulators) 3D data to plan, design, construct/build, operate, maintain, insure and govern/regulate a physical asset.
6. What sectors do our customers operate in? Linear infrastructure (road/rail/pipeline/transmission/distribution), non-process infrastructure (civil and builtform) and process infrastructure (mining/oil&gas plant).
7. How much do people pay us? Our Data as a Service (DaaS) solution to manage 3D data using our digital asset management platform is priced based on the amount of data (in terabytes) we are hosting. We also charge customers to build/deploy analytics against their data (Analytics as a Service or AaaS) and where we connect buyers and sellers of 3D data, we typically agree a revenue share via our 3D data marketplace.
Pointerra’s vision is to create a global marketplace for 3D data, saving users time and money and creating a 3D data access revolution. Pointerra: 3D Data Solved http://www.pointerra.com
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Pointerra Limited | ABN 39 078 388 155 Registered Office: Level 4, 216 St Georges Terrace, Perth WA 6000 T +61 8 6268 2622 | F +61 8 6268 2699 | E: [email protected]