My main concern has been whether we'll get to cashflow positive before running out of cash, a concern I'm sure many here share.
With the latest cashflow and the new customer sales I'm less concerned than I was prior to announcement. I'm fairly confident Nearmap will hit cashflow positive within 12 months if not sooner because of the fact that it is a subscription business. Unless something has gone horribly wrong with the service or perceived value most clients would renew with a minimal of sales effort.
The primary risks IMHO are departure of key staff - something I've not observed - and unforeseen outlays wrt the IP assertion business. And the media strategy distraction. ;)
IPR Price at posting:
8.6¢ Sentiment: ST Buy Disclosure: Held