Nearmap’s shares continue to rise as contract value hits record...

Nearmap’s shares continue to rise as contract value hits record high

2 March 2018

The company's average revenue per subscription (ARPS) has increased to $6,600.

Nearmap Ltd’s (ASX:NEA) share price is up 59% year to date at $0.945, as annualised contract value grew 31% to $54.2 million for the six months ended 31 December 2017.
This is a record in the history of Nearmap's operations.
The company is a subscription-based provider of high-resolution aerial imagery of urban and regional areas...

*** With Nearmap’s intensive investment phase now complete, the company is well positioned to execute its vision to become the world's leading provider of subscription based location content...

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http://www.tech-capital.com/compani...s-contract-value-hits-record-high-192482.html