Shares in Nearmap surged after the aerial image and topographical survey company announced unaudited revenue numbers for the full 2018 year.
At the close, they were up 21% to $1.35.
The company says its annualised contract value is expected to be above guidance at $66.2 million, up 41%.
“We are encouraged by these results and the progress we are making in building our subscription bases both in the US and Australia,” says CEO Rob Newman.