I also tried to connect the dots here to come up with a...

I also tried to connect the dots here to come up with a reosonable estimate of the current annual revenue run rate.

This first post is the timeline of data points we got from the company. In a second post I'll post my conclusions.

pasted info from company reports and announcements follows:
--------------------------------
revenue recognition:
Revenue from licenses granted is recognised over the life of the licenses granted.
7 Jan 13
At 31 December 2012 nearmap had $5.74 million cash at bank, compared
to $5.18 million at 30 September 2012. The company’s positive cash
generation has occurred earlier than envisaged given the strong response to
nearmap’s new subscription based service.
On 20 November 2012 the company announced the establishment of a paywall
on the nearmap.com website to enable better monetisation of our
market leading web based PhotoMap content.
Since November 2012, in addition to existing
government and commercial revenue streams, nearmap has contracted
over $3.5 million of total new sales, including a number of multi-year
agreements.
23 Jan 13
Cash receipts increased by 57.8% to $2.74 million compared to the previous
corresponding period. Since establishing a pay-wall on the nearmap.com
site in late November 2012, in addition to existing government and
commercial revenue streams, nearmap has contracted over $3.5 million of
total new sales, including a number of multi-year agreements. With most of
the sales for 2Q13 occurring in December 2012, receipts from the initial year
of these sales will in the main be collected in January 2013 (3Q13).
Operating cash flows have significantly improved from an outflow of
$2.81 million in 2Q12 to an inflow of $0.59 million in 2Q13. The result for
2Q13 included $0.17 million of litigation receipts regarding IP assertion
claims. Importantly, even after excluding these litigation receipts, nearmap
generated positive cashflows 12 months earlier than previously expected.
nearmap’s balance sheet continued to remain strong with no debt and a
growing cash balance. During the quarter, the company’s cash balance
increased $0.55 million to $5.74 million as at the end of 2Q13.
Receipts!from!customers!
!
2,738 q2.13 5,342 h1.13
Cash(at(end(of(quarter q2.13 ! 5,739
18 Feb 13
Importantly, the half year result only contained one month of
the new subscription revenues,”
1H13 financial overview
• Total customer sales of nearmap products and services
up 113% to $4.79 million (1H12: $2.25 million)
• Revenue up 51.3% to $4.03 million (1H12: $2.67 million)
Since launching the new site, in addition to existing government
and commercial revenue streams, nearmap has contracted over $3.6 million
of total new sales, including a number of multi-year agreements.
For the six months to 31 December 2012, nearmap reported revenue from continuing operations
of $4.03m, up 51.3% on corresponding prior half year revenue from continuing operations of
$2.67m, primarily due to new digital subscriptions to the nearmap.com website.
Total customer sales of nearmap products and services were $4.79m for the half year period, an
increase of 113% over the prior half year nearmap sales of $2.25m.
Since launching a new subscription-based website in late November 2012, in addition to existing
government and commercial revenue streams, nearmap has contracted over $3.6m of total new
sales, of which $2.1m were invoiced in the current period, with contracted commitments of
$1.5m for future years. With most of these sales in the second quarter of the year occurring in
December 2012, cash receipts from these sales were mostly collected in January 2013.
Revenue from continuing operations 4,030,941 h1.13.dec13 2,665,025 h1.12.dec12
Cash and cash equivalents 5,738,692 h1.13.dec13
Receipts from customers 6,088,739 h1.13.dec13 9,731,146 h1.12.dec12
nearmap segment:
Revenue 4,030,941 h1.13.dec13
Revenue 2,591,322 h1.12.dec12
20 Feb 13
nearmap ltd (ASX: NEA) confirms that the US$2.2 million due from FST for
its services relating to FST's database patents has been received by
the company. nearmap's cash balance is now in excess of A$9 million.
19 Mar 13
since launching new sub service, nearmap contracted 5.8m in new sales, 3.3m of which invoiced in current period (to end of feb13)
15 Apr 13
nearmap ltd (ASX: NEA) today announced that the Australian Tax Office
has issued nearmap with a cash refund of $1.51m for eligible research and
development activities
This refund will be brought to account by nearmap during 4Q13 as Other
Income.
18 Apr 13
Cash receipts from customers were up 253% to $5.25 million (3Q12: $1.49
million). cash balance at the end of the quarter
stood at $10.23 million