NEA 0.00% $2.10 nearmap ltd

Nearmap will need to raise again - soon, page-3

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    "our analysts have us between $10-15 million consumed in the half, so that’s a significant step down from the cash burn in the first half of FY20 and then with continued growth, that cash burn will continue to reduce as we grow. We’re not planning to increase the expense base in our business so we’re confident with growth in the business, and we’ve got very strong growth to date. We’re confident again that the cash reserves that we have are sufficient."

    Sufficient to get you to cash positive, is that what you mean?

    "Yes, correct, yeah."
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    From the recent (couple of days ago) interview for the Eureka Report.
 
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