Australia's largest stock trading and investment forum Australia's #1 stock forum

NEA

Click for more information

0.00%

$2.10 nearmap ltd

it is still pretty impressive!

First 19 Last

Share
Profile

Follow
11111111

610 Posts.

11/01/18

11:51

Post #: 30222299
Share

Originally posted by Blommer ↑

Of course they are progressing and getting closer each year, but these limited pre-releases tend to focus on the positives. If profitability were in sight they'd have mentioned that too. There are many other expenses besides capture costs that they need to cover before breakeven or profitability.
Essentially those comments tell us that the current ACV still only covers capture costs, similar to last FY. That means that sales, marketing and admin expenses will still be going straight to the loss side of the equation, which last year were over $12mil. Its safe to assume these costs will have grown a little from there, So US positive cash generation still look to be some years off - even at these faster ACV growth rates.

Don't get me wrong, I think they are solid results, a little ahead of expectations too so some SP boost is warranted - but hold off on the bubbly for now.

Expand

it is still pretty impressive!

NEA Price at posting: 71.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

STX

Strike Energy secures $153 million for Perth Basin gas projects

EMD

Emyria's Empax Centre chosen for mental health clinical trial

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

BRX

Belararox delineates another porphyry in Argentina at Tambo South

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

FHE

Frontier Energy achieves key milestone for Waroona energy project

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

There are more pages in this discussion • 23 more messages in this thread...

First 19 Last

Add NEA (ASX) to my watchlist

SPONSORED BY