Nearmap Ltd (ASX: NEA) is a provider of geospatial map technologies for business, enterprise, and government customers. In its recent FY14 report, Nearmap lifted its $1 million loss to a staggering $7.1 million maiden profit. What really caught my attention however was Nearmap’s recent series of test flights in the US, where it is aiming to replicate its Australian success. Although US expansion may seem risky, it’s important to appreciate Nearmap’s healthy balance sheet. Nearmap holds an impressive $23.3 million of cash and no debt, providing it with that extra cushion in case things don’t turn out as planned. Despite trading on a relatively hefty price-to-earnings ratio of 28, I think Nearmap’s growth prospects have the ability to provide investors with more future gains.