Nearmap posts record half yearly growth in aerial mapping subscriptions
Written on the 11 January 2018 by Ben Hall
AERIAL mapping company Nearmap (ASX: NEA) is set to post a record half yearly growth in annualised contract value (ACV) of 53 per cent to $7.2 million, compared to the prior corresponding period.
"Our Australian base of high quality, recurring subscription revenues continues to generate strong cash inflows as we further build our sales and marketing expertise in the US," says Nearmap CEO and MD Dr Rob Newman.
Business News Australia
Author: Ben Hall