These explosive tech shares have doubled in value over the last...

These explosive tech shares have doubled in value over the last 12 months

James Mickleboro | September 21, 2018




The Nearmap Ltd (ASX: NEA) share price has surged 192% higher over the last 12 months. The geospatial imagery company caught the eye of investors earlier this year when it reported strong growth in the key United States market. This led to a strong increase in annualised contract value (ACV) and allowed Nearmap to recently raise $70 million to fund its international expansion plans. The company has its eyes on the Canada, UK, and European markets. If it makes a success of this expansion and continues its strong form in the United States, then I wouldn’t be surprised to see it extend this impressive share price gain.

https://www.fool.com.au/2018/09/21/...ave-doubled-in-value-over-the-last-12-months/