NEA 0.00% $2.10 nearmap ltd

another geospatial imagery company, page-27

  1. 4,600 Posts.
    Possible it may never make any, however at these levels it's just as possible for NEA to stop making money, their actual profit last FY (less deferred tax asset) was only 3.5m. US expansion over the next couple of years or so is going to require spending money before seeing a return on that investment.

    In the meantime they need to keep an eye on possible competition developments like this and others, not let some exaggerated possible US earnings distract them from market changes on their own home turf.



    Kat.
    Last edited by Katoom: 03/12/14
 
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