NEA going gangbusters, page-138

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February Top Growth Stocks To Look Out For

Saundra Reilly  February 23, 2018

Nearmap Ltd (ASX:NEA)

Nearmap Ltd provides online aerial photomapping services in Australia and the United States. Nearmap was started in 2000 and with the company’s market capitalisation at AUD A$368.55M, we can put it in the small-cap group.
NEA’s projected future profit growth is an exceptional triple-digit, with an underlying 70.21% growth from its revenues expected over the upcoming years. Profit growth, coupled with top-line expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 7.35%. NEA ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper...