As we know Canada is an easy option for nearmap to make great ROI.
- geographically close to US
- fewer large condensed population zones
- English language (and French) this could aid in prepping for France if an option.
- similar sales/marketing strategies/teams could be used
- many synergies IMO
With the population size a bit larger that Australian revenue could match or exceed and will have the benefit of faster uptake than Australia.
I think Canada will suprise on the upside eventually.
Brink on this next geography!
NEA Price at posting:
$3.05 Sentiment: Buy Disclosure: Held