NEA 0.00% $2.10 nearmap ltd

Ann: Nearmap's technology leadership commercialised, page-26

  1. 4,179 Posts.
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    I believe this FY will be significant for NEA on two key fronts.

    1. USA market is going to double ACV and start to outpace the growth profile experienced by NEA in Aus, this is all with limited media exposure, which it enjoyed in Aus.

    2. The business goes from being a single product business, to a multi-product offering, generating additional revenue from essentially the same cost base. This will include new revenue streams from industries we haven’t touched before, which could include gaming for the 3D tech which was mentioned earlier, which I think could be a big one over the long term.

    I expect the HY will be well received and we will progress from there.
 
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