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Ann: 2018 AGM Presentation, page-8

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leasx

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15/11/18

15:54

Post #: 36519843
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Originally posted by leasx: ↑

I think people should hold back their thoughts about Ross. Peter said that Rob supports the business and usually only says a few words.

Key points:
-Cashflow scheduled for breakeven in FY19
-Canada launching in FY19 with sales starting shortly on request by US customers.
-No immediate intention to increase board size. We may need to if our situation changes
-Global market is very fragmented especially in countries such as Canada/US
-Aus metrics tracking in line with expectation
-US growth continues strongly
-Industry by industry to focus on more successful US leads
-Spookfish has the technology that Nearmap had a year before… no obliques.
-Eagleview too indebted to change their business model. Can’t capture regions fast enough which is problematic in areas such as Chicago
-Focus on more customers first, look at upsell ops later on
-Large interest from autonomous vehicles/drone delivery companies in Palo Alto.

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That should have said Peter says that Ross usually says only a few words... One shareholder asked Ross for those few words and he said I recommend you support the motions for today.

NEA Price at posting: $1.50 Sentiment: Buy Disclosure: Held
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