NEA 0.24% $2.08 nearmap ltd

Ann: Investor briefing - Full year results to 30 June 2018, page-46

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  1. 2,597 Posts.
    lightbulb Created with Sketch. 121
    They had a deficit of $3m in this half, which is a much more relevant figure than the full year figure.
    ACV just went up the most ever in a half and will keep growing. More cash will be received.
    Costs will be managed and likely fairly constant as they have stated all the big investment has taken place.
    Even if they have $1m deficit in the first half, they will make be $1m positive (if not more) in H2.
    If you have concerns, it is simple, just sell your shares.
    Given all the buyers out there, I am sure they will find a good home.

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