• Record revenue of A$7.0 million, up 185% vs prior period
• Maiden profit of A$1.1 million before non-cash items
• Cash balance of A$4.6 million, up 199% vs prior period

Pointerra Limited has reported strong financial results for the half-year ended 31 December 2024, with record revenue of A$7.0 million, up 185% compared to the prior corresponding period. The company delivered a maiden profit of A$1.1 million before non-cash items, a significant improvement from the A$3.7 million loss in the prior period. Customer cash receipts also reached a record A$7.3 million, up 117% compared to the prior period. The company ended the half-year with a cash balance of A$4.6 million, up 199% from the prior period. Pointerra's strategic investment in customer-focused R&D activities has driven key platform enhancements across critical sectors, providing momentum for increased platform spend by customers, while operational efficiencies have supported scaling the business without a proportionate rise in costs. The company continues to establish itself as a best-practice solution for grid resilience investment, vegetation management and storm response activities among US electric utilities, with several new contract wins and extensions during the period. Looking ahead, Pointerra is well-positioned to build on the momentum from H1, with continued growth to be driven by strong customer renewals, new contract wins, and the expansion of the Pointerra3D digital twin platform across key industry sectors and geographic regions.

For H2 FY25, Pointerra expects to deliver another positive earnings result and strong financial performance, driven by continued growth in revenue, customer renewals, and new contract wins.

Pointerra is well-positioned to build on the momentum from H1 FY25, with continued growth to be driven by strong customer renewals, new contract wins, and the expansion of the Pointerra3D digital twin platform across key industry sectors and geographic regions. The company remains focused on accelerating enterprise customer spend, shortening sales cycles, and optimizing operating costs.