Why Nearmap Ltd is among 3 small caps taking flight Carin...

Why Nearmap Ltd is among 3 small caps taking flight

Carin Pickworth | March 9, 2018

Nearmap Ltd (ASX: NEA)
Shares in geospatial map technology provider Nearmap Ltd are up 3.32% at the time of writing to a 52-week high share price of 99c per share.
Nearmap provide business, enterprise and government customers with geospatial map technology – working across the building and construction, architectural, government, insurance, rail, real estate, roofing and solar industries.
Investors have rallied behind Nearmap in the last 12 months, with the share price almost doubling from 58c per share at this time last year.
Nearmap’s half-year results, handed down on February 21, showed record growth, with the company’s annualised contract value up 31% and global customer numbers now at more than 8,200.
Nearmap logged revenue of $24.7 million which was a 27% rise on the previous corresponding period.
The company has maintained its FY18 targets and will be one to watch in the unique segment in which it operates.

https://www.fool.com.au/2018/03/09/why-nearmap-ltd-is-among-3-small-caps-taking-flight/