NEA nearmap ltd
Add to My Watchlist 0.00% ! $2.10

Ann: FY2018 Preliminary Results - Record Portfolio Growth, page-8

  1. hilly_sandman
    1,583 Posts.
    lightbulb Created with Sketch. 640
    clock Created with Sketch.
    10/07/18
    09:20
    Post #: 34243455
    No they have a subscription service... so $12M in ACV (annual contract value) is equal to $1M in monthly payments....

    If they signed up a new customer 1st May for a 12M contract - they will only have seen $3M of the full 12M contract value revenue... Hence ACV is forward looking...

    Revenue should be $45M (2017 FY ACV value) + a percentage of the new $19.2M in new ACV... When the full yearly comes out it should reflect this minus some churn in subscription revenue.
    Last edited by hilly_sandman: 10/07/18
    NEA Price at posting: $1.12 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch. 1  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Agreement to acquire 50% of the Central Tanami Gold Project
right-arrow Created with Sketch.
NEWS Diamantina Advanced Copper-Gold Project Acquisition in Western Queensland
right-arrow Created with Sketch.
NEWS Transformative PV solar recycling acquisition completed
right-arrow Created with Sketch.
NEWS High-Grade Gold Discovery Extends 75m North at 8 Mile Drill Hole
right-arrow Created with Sketch.
NEWS Mandalay Resources Discovers High-Grade Skarn and Provides Update on Near Mine Exploration at Björkdal
right-arrow Created with Sketch.
NEWS Access the latest ASX news here
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

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