We forget that NEA is generating cash in Australia today, has cash on hand of $80 Million, USA costs will settle and losses will start to recede as growth increases revenue.
For what it is worth see below what I think - It could speed up with the addition of Canada & NZ
Why not buy https://www.getmapping.com/ in the UK with the cash they have on hand to get into Europe and South Africa - a mere bagatelle
Year
Half
Share price
No Shares
Market Cap
Revenue
Multiple
Growth
1
2018
1.13
447.03
505,144
54,140
9.330327
2
2019
H1 -19
1.62
447.03
724,189
36,312
9.971753
23.50%
3
H2 -19
3.23
447.03
1,443,907
44,845
16.09875
23.50%
4
2020
H1 -20
3.99
447.03
1,783,225
55,384
16.09875
23.50%
5
H2 -20
4.93
447.03
2,202,283
68,399
16.09875
23.50%
6
2021
H1 -21
6.08
447.03
2,719,819
84,473
16.09875
23.50%
7
H2 -21
7.51
447.03
3,358,977
104,324
16.09875
23.50%
8
2022
H1 -22
9.28
447.03
4,148,337
128,840
16.09875
23.50%
9
H2 -22
11.46
447.03
5,123,196
159,118
16.09875
23.50%
Or ACV
Period
ACV
Growth
1
2
H1 -19
78,316
22.00%
3
H2 -19
95,546
22.00%
4
H1 -20
116,566
22.00%
5
H2 -20
142,210
22.00%
6
H1 -21
173,496
22.00%
7
H2 -21
211,665
22.00%
8
H1 -22
258,232
22.00%
9
H2 -22
315,043
22.00%
NEA Price at posting:
$3.23 Sentiment: Buy Disclosure: Held
