NEA 0.00% $2.10 nearmap ltd

Ann: 2017 AGM Presentation, page-12

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,719 Posts.
    lightbulb Created with Sketch. 559
    For me the guidance for US ACV doubling during FY18 is significant.
    Its doubling off a meaningful number this time (7m in FY17) unlike in the second year when it would have been hard not to grow exponentially from such a tiny base.
    Consequentially, the small bottom line loss of 5.3m should change to breakeven or a modest maiden profit in FY18.
    If the trend continues we should get lift off in FY19.
    It will be interesting to see if any analysts upgrade their targets.
    I'm quietly confident that we are now entering a new less risky phase.
    If I didn't already have my quota, I'd be buying at these levels.
 
watchlist Created with Sketch. Add NEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.