NEA 0.00% $2.10 nearmap ltd

Ann: nearmap profitable growth continues, page-30

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  1. 971 Posts.
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    A bit more detail on marketing efforts in the US would have been nice. Eg. would love to know the number of 'free' subscribers over there so far.

    Aust results are encouraging, yes EOY target of $30M+ seems optimistic, but I don't quite understand the selloff. Renewal rates are high, they are reinvesting into the business, making it more efficient, and firmly set on growing.

    Most seem to be expecting US revenue already, that was not expected this early as far as I am aware. They are talking about 2017 targets for US, but once a stock gets touted as the next big thing, people expect instant riches. Let them sell, I am happy to hold for years to come.
 
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