NEA 0.00% $2.10 nearmap ltd

Internet world & australia ranking, page-13

  1. 3,510 Posts.
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    Yes from the FY13 report:

    "My goal for nearmap is for us to achieve 30,000–50,000 subscribers in Australia paying on average $1,000 per seat."

    Thats a long term goal of 5+ years I would say. So if we say its $1000/seat, then they should be up to ~21,000 seats so far.

    I'm a bit confused though. Does the CEO mean 1 subscriber = 1 customer with 1 seat = $1000/yr. Max oz rev $30-50mil

    However, many companies/customers will have multiple seats as shown by Nice One's example.

    So alternatively, does the CEO mean 1 subscriber = 1 customer with (x)seats. If he means that, revenue potential in oz could be far greater than $30-50m.
 
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