Actually from zero to ten million in sales in 2 something years...

Actually from zero to ten million in sales in 2 something years is not too shabby, especially when one considers that they have been apparently getting approximately 90% re-orders on the subscriptions.

Also their revenues from nearmap by itself increased 94%, from $1,332,747 to $2,591,321.

Whereas capture costs (which I assume to be costs associated with hiring aircraft etc) only increased 11.4% from $385,225 to $453,207

And Employee benefits & expenses (consolidated) increased 11.6% from 2,772,950 to 3,094,209.

Server costs up 11.5% from $276,235 to $307,974

R&D spend up 110.2% from $41,043 to $86,308. If spent wisely it should be increasing the value of the company, but I wonder what exactly they did with it. It doesn't really sound enough as a total amount.

All sounds pretty good to me, but then again I'm just a baggy arsed plumber.

Not so sure (or happy) about the following:

Other consultancy (what's this??) up 607.9% from $23,069 to $163,320!!!

Other expenses (couldn't they be more specific??) up 57.2% from $276,235 to $307,974

Does anyone have any idea what "other consultancy" and "other expenses" could be? I hope that they are nothing to do with fun and games at Burswood!

Cheers

U.Plodder