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Gillysrooms

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28/03/18

19:41

Post #: 32098981
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Originally posted by birdman29 ↑

Nearmap Ltd (ASX:NEA) Is Expected To Breakeven

Kelly Murphy March 28, 2018

NEA is bordering on breakeven, according to analysts. They anticipate the company to incur a final loss in 2018, before generating positive profits of AU$1.01M in 2019. Therefore, NEA is expected to breakeven roughly a couple of months from now! How fast will NEA have to grow each year in order to reach the breakeven point by 2019? Working backwards from analyst estimates, it turns out that they expect the company to grow 113.98% year-on-year, on average, which is rather optimistic! Should the business grow at a slower rate, it will become profitable at a later date than expected...

ASX:NEA Past Future Earnings Mar 28th 18

All of it:

https://simplywall.st/stocks/au/sof.../nearmap-ltd-asxnea-is-expected-to-breakeven/

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Can you revel who "they" is please

," it turns out that they expect the company to grow 113.98% year-on-year, on average, which"

NEA Price at posting: 93.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

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Can you revel who "they" is please ," it turns out that they...

Top Stories

LISTEN: HotCopper Wire Podcast #052 – Finger lickin' not so good

Askari Metals outlines its African growth strategy and the pathway to drilling at Nejo

Expert Exchange: David Sokulsky on AI trade, chip stocks, and where to invest now

The ASX Today: Banks, Coles weigh on market as Perpetual and Magellan soar

Pioneer Minerals commences airborne VTEM survey at Springfield project

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