NEA 0.24% $2.08 nearmap ltd

Ann: Nearmap business update, page-6

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  1. 9,304 Posts.
    lightbulb Created with Sketch. 64
    Yeah very confusion report , seems like no growth yet. What does 100% mean
    "Sales Productivity – Group sales productivity (as measured by the sales contribution ratio) grew to
    greater than 100% in both Australia and the US – each dollar spent in direct sales and marketing
    returned more than one dollar of incremental ACV. "

    If that were true they would be covering most costs of their $10 million costs in USA? Any comments?
 
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