NEA 0.00% $2.10 nearmap ltd

half yearly, page-4

  1. 12 Posts.
    right.

    december quarter cash receipts were 5.1m vs sep13 4.6m and dec12 2.7m (pre paywall).

    next quarter most likely will be higher, around 7-8m i guess, as we get the 5m renewals of those who signed up after the paywall intro + an additional 2-3m new sales if those continue at the recent 2 quarters pace.

    trouble is we won't know this for more than half a year, since NEA no longer releases the quarterlies. no broker call either.

    talking about FAA certification in the report. so they are eyeing the US market as first possible expansion. any definite steps in that direction and the stock will fly IMHO. just compare market size australia to US.
 
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