NEA
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0.24% $2.08 nearmap ltd

No net profit expected until FY20. FY18 & FY19 will see ramp up...

  1. kizza89
    6 Posts.
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    01/09/17
    11:30
    Post #: 26926653
    No net profit expected until FY20.

    FY18 & FY19 will see ramp up in operating costs (sales & marketing) and significant levels of investment, seeing substantial increases in D&A going forward.

    Price target reduced from $0.88 to $0.82.

    http://www.fostock.com.au/LiteratureRetrieve.aspx?ID=232863
    NEA Price at posting: 60.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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