Way too optimistic there. If that were the case, this would be a...

Way too optimistic there. If that were the case, this would be a $5 stock.

I don't think you will see a single cent of revenue out of the US for at least one year. That will actually be a drag on earnings in the short term. Whilst AUS goes from strength to strength, the additional revenue will be eaten up in US growth costs.

On top of that, the US is a very different market because there are existing competitors already established. So unlike AUS, where Nearmap are innovators and have a monopoly position, in the US, they are going to take market share and compete.

Don't get me wrong, this company is going places and I have full confidence in it one day being an absolute giant. In time, i see it operating in MANY countries.

I'll give one example, today China made a commitment with the US to cut green house emissions. It is already the biggest solar panel deploy-er on the planet and it wants to increase that number by 10!!! Imagine 1000's of solar panel operators all competing for an edge in delivering their product. Enter Nearmap.

So whilst I am VERY bullish on the long term prospects of this fantastic company, don't expect big increases in revenue for at least 2 years and probably expect EBITDA to actually go backwards a little next year.