NEA 0.24% $2.08 nearmap ltd

Earning 200 or profit of $200 million big difference, if talking...

  1. Krr
    25 Posts.
    lightbulb Created with Sketch. 1
    Earning 200 or profit of $200 million big difference, if talking profits it will depend on the growth at that stage if we go from 1% of the US market to 10% without to much more outlay we hit about 50c profits per share (very ruff number but woul get us over this profit). If no growth at that point fair value is around $10 however is still growing strong at current % relates to 34$ (took this from a previous post using current metrics).

    The question I have is how long till we get to that profit? My thoughts are not soon as we will expand into many other regions before then and as we see it taken years to make each one profitable, if NZ and Canada can be shown to speed this up than that will be a game changer. This takes no consideration of any more disruptions by AI that’s current being looked at by The team.
    Last edited by Krr: 21/02/19
 
watchlist Created with Sketch. Add NEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.