Nearmap Ltd(ASX: NEA) – unprofitable aerial mapping solution provider Nearmap is a risky business, although it is well funded and continues to make headway in the USA, its primary growth market. Nearmap has very high gross margins on its software due to its scalability, and I believe that the company’s Australian business alone would justify today’s price tag. The US expansion is costly and moves the company higher up the risk scale, but the company looks like an opportunity at 59 cents.
