Ann: Investor Briefing - Nearmap scaling for growth, page-117

One reason I am not that nervous about NEA is that it is not really exposed to the US China tariff war other than if it significantly damages the overall US/ Canada economy and that of Australia/NZ which could hit NEA customers. The saving grace is that NEAs products can significantly reduce clients operating costs so should be in demand even in a downturn. NEA has no exposure to the tariffs or to China unlike companies like Apple.