Ann: nearmap announces US expansion, page-17

My understanding is a significant portion (capture costs) of the $8m will be a capital expense and so ammortised over a number of years, so all $8m won't be expensed in the first year so will have a lower impact on bottom line profit. (My accounting knowledge is simplistic so please set me straight if I'm confused on this).

That said, it's a big investment, but there is a decent war chest of $23m odd, and continuing revenue from Australian operations. It's a matter of how long, and whether that level of expendiure is enough to gain traction in the US and Canada and start boosting the revenue.

Anyone got some good reasoning behind when we can anticipate the expansion will be cash flow positive given the historical progress in Australia.

Sure, there is risk in it, but certainly that brings the opportunity, and why we're here.

Keep up the varied viewpoints all!!