NEA 0.24% $2.08 nearmap ltd

Ann: Nearmap business update, page-55

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  1. 13,761 Posts.
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    April 3, 2017

    Nearmap Ltd (ASX: NEA)

    An aerial mapping company with interests in both Australia and the USA, Nearmap is a minority player in both of those markets and appears to have a long growth runway ahead. Although unprofitable, the company is steadily growing its customer numbers and enjoys very high profit margins on its subscription sales.

    In a couple of years at today’s growth rates, Nearmap could prove a nicely profitable company for investors. Shares have been volatile recently and management has a track record of mediocre disclosures to the market, so patient investors might also be able to pick up shares below today’s prices.

    http://www.fool.com.au/2017/04/03/3-shares-id-buy-with-5000/




    Nearmap Ltd

    April 3, 2017

    The Nearmap Ltd (ASX: NEA) share price has risen 2% to 56 cents. The aerial imagery company’s shares have now gained over 30% since the release of a positive market update in the middle of last week. That update revealed that so far in the third quarter of FY 2017 the company is on track to post its strongest trading quarter year-to-date. I think Nearmap is worth taking a closer look at today.

    http://www.fool.com.au/2017/04/03/heres-why-these-4-asx-shares-have-started-the-week-with-a-bang/
 
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