Ann: H1 FY2019 Preliminary Results - Continued Strong Growth, page-25

Originally posted by Roy2U

Like everyone else, I am a very happy investor in Nearmap. However, I thought I would share my graph of the incremental ACV changes on a half yearly basis. This is particularly useful for seeing the growth trends over 6 month periods. Should I be concerned that the incremental growth has gone down for Australia at the same time as they have improved their offer and extended sales into NZ? Or is it just that 18H2 was such a cracker? Also, I note that the US incremental ACV is still rising, but at a lower rate than in the previous four halves. this surprises me too.

I put this out for comment and would welcome any insights.

There is no doubt that growth is excellent over a 12 month period, but has something changed over the last 6 months?

Whats changed in the last 6 months, Well my guess is that spookfish took a chunk of new costumers and some wanting to try their product.Especially with the deals they were offering.

However I think the oblique and vertical measurements will make up for anything Eagleview take off us in Australia,  but the stroke of genius with entering the US market years ago is the historical value of captures and we are playing in Eagleviews backyard with the added bonus of Currency conversion and a weaker Aussie dollar.

Less profit in Aussie dollars for Eagle View.

1 USD = $1.38 AUD

1AuD = $0.72 USD