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0.00% $2.10 nearmap ltd

Nearmap will need to raise again - soon

  1. Minesweeper1
    32 Posts.
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    25/03/20
    19:35
    Post #: 43698436
    Nearmap has $50M of cash in the bank
    Burning through $25M per half, before the virus outbreak and before the slump in the AUD/USD
    Most of Nearmap's expenses are denominated in USD
    Most of Neamap's revenue are denominated in AUD
    Churn is up


    NEA Price at posting: 86.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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