NEA going gangbusters, page-80

This is great a result, with lots of detail!

All is tracking to plan, we were always expecting a large burn, and I would rather they continue to burn more money on marketing and clean up the market as the payback is so quick for there SaaS model.

I'm actually keen for them to raise more money as the dilution would be minimal at these prices and the returns that they are generating are phenomenal as we are in hockey stock mode with US and roll out of 3D.

Event If we keep growing at 25% per year the minimum bar in two years time we will be seeing 90+ mill in ACV and market cap north approaching 1,000 million or price tag of 2.50.

Top line would be to start increasing growth to 35% per year due to US scale and 3D.

This investment is de-risked and a no-brainer for the next two years.