"The US operations are growing at a faster rate than the original expansion in Australia."
You are right about this rumandcoke, and this growth rate is primarily related to only Nearmap's 2D product. The growth rate should accelerate following their recent release of Panorama and Oblique products. Their sales team is performing well, with incremental ACV at 95% of their direct cost. Note that this incremental ACV should continue year after year, while the sales team adds new incremental ACV this year.
Hammerjx, most of my best growth stocks (e.g. Objective - OCL) exhibit sometimes long periods of no share price gains, or even long periods of price weakness, but keep getting that big leg up every so often. Not good for short term traders, but they pay off enormously over five years or so. Have a look at NEA and OCL over five years.
NEA Price at posting:
65.5¢ Sentiment: Buy Disclosure: Held
