They were making money from contract aerial photography and a bit from LiDAR. They realised their edge would be doing what Nearmap do but differently and cheaper, so that's the pathway they're on, similar to Nearmap, with double digit growth for some years until profitability is reached. They are sort of at profitability now, just need that growth to be in the teens year on year and this thing should be making 5million per year in couple of years time, which at PE of 20 implies almost 4 times current market cap. Which then brings share price back to IPO!
AMX Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
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