Highlights

  • Customer receipts reached A$3.25 million in the Sep-2026 quarter, up from A$2.0 million a year earlier.
  • Net operating cash inflow of A$0.55 million lifted closing cash to A$1.95 million at 30 September 2026.
  • FY26 Revenue from continuing operations fell to A$7.52 million, while the net loss widened to A$2.32 million.
  • Avista Corporation began a direct three-year enterprise agreement, adding to Georgia Power and PG&E Utility work.

Pointerra (ASX:3DP) opened FY27 with its strongest first-quarter cash collections to date, reporting customer receipts of A$3.25 million for the three months to 30 September 2026. The figure compares with A$2.0 million in the same quarter a year earlier and A$2.15 million in the June 2026 quarter.

The geospatial software company, which sells cloud-based 3D digital twin and analytics tools to utilities, miners and engineering firms, also recorded a net operating cash inflow of A$0.55 million.

Grant Income and Receipts Lift Cash Balance

Alongside customer receipts, Pointerra collected A$1.27 million in government grants and tax incentives during the Sep-2026 quarter, including its annual Research and Development rebate, which was received net of outstanding tax obligations.

Cash rose from A$1.41 million at 1 July 2026 to A$1.95 million at 30 September 2026. The company did not draw on Debt or raise Equity during the quarter. Management expects the cash position to strengthen further in the December quarter, supported by receivables, renewals and contracted work in hand.

FY26 Revenue Dipped on Delayed Programme Start

For FY26 to 30 June 2026, revenue from continuing operations fell to A$7.52 million from A$9.84 million. The net loss after tax widened to A$2.32 million from A$1.69 million. Management attributed the revenue decline mainly to the late first-half start of the US Department of Energy GRACI programme with Georgia Power.

The second half was stronger, with underlying EBITDA excluding share-based payments swinging to a small profit of A$0.01 million after a first-half loss of A$2.05 million. Deferred revenue rose to A$2.95 million from A$1.34 million. The accounts also flagged a Working Capital Deficit of A$3.17 million and a material uncertainty linked to the timing of forecast cash flows and tax incentives.

Utility and Resources Customers Broaden the Base

Electric utilities remain the core of the business. During the September quarter, Avista Corporation commenced a direct three-year enterprise agreement, Georgia Power passed its twelfth GRACI milestone with partner Baringa, and PG&E began a five-month proof of value for inspection work.

In resources, Pointerra's platform is being deployed at Agnico Eagle's Fosterville gold mine, and a Tier 1 Mongolian copper miner started a 12-week proof of value. Origin Energy engaged the company for pipeline survey work under a master services agreement.

Pipeline Conversion and Upcoming Milestones

Management expects continued scaling of enterprise annual Recurring Revenue in FY27 and is targeting conversion of what it describes as a seven-to-eight figure enterprise pipeline. GRACI invoicing milestones are expected in H2 FY27, Origin Energy's second pipeline survey is scheduled for November 2026, and the Agnico Eagle deployment is tracking toward success gates that would trigger an annual commitment.

The Annual General Meeting is set for 30 November 2026. Separately, the company advised an employee share scheme buy-back of 17.7 million shares, extinguishing related plan loans. Shares were priced at A$0.025 on 2 November 2026, down 7.41% on the day, giving a Market Capitalisation of A$20.47 million.