Ann: FY20 Market Update and Revised Guidance, page-64

The downgrade is in terms of ACV of circa AUD 15m to guidance. I see this as impacted by short-term and/or timing related events - and isolated!

The business continues to grow and the company continues to have a leading edge offering, nothing here has changed. There may be a dip in Immediate growth off the back of 1H20 but this is very minor. Sub 2.00 is a great entry point imo! Please DYOR, but I’ve topped up at 1.87 today and feel very comfortable with Nearmap.