NEA 0.24% $2.08 nearmap ltd

Ooops try again I have been doing some calculations using past...

  1. 601 Posts.
    lightbulb Created with Sketch. 47
    Ooops try again

    I have been doing some calculations using past results to predict total revenue for the period ending 30/06/2017.

    Total projected revenue $46,770 assumption that Australian Income increases by 20% on pcp
    (previous two periods 23%,21%) USA is same as ACV $3.1m


    Total Projected $46,996 Doubled expenses as at 31/12/16(including income tax expense) Expenses and added 10%.


    This means that NEARMAP will be either profitable or very close which to me indicates the upside of the current share price as the calculations were based on extremely conservative figures, eg lower growth in Australia than last two comparable periods and the USA figures were based on current contracts and do not include any new business
 
watchlist Created with Sketch. Add NEA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.