Reported Earnings • Aug 18
Full year 2022 earnings released: AU$0.062 loss per share (vs AU$0.039 loss in FY 2021) Full year 2022 results: AU$0.062 loss per share (down from AU$0.039 loss in FY 2021). Revenue: AU$146.0m (up 29% from FY 2021). Net loss: AU$30.8m (loss widened 64% from FY 2021). Over the next year, revenue is forecast to grow 23%, compared to a 7.8% growth forecast for the Software industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Breakeven Date Change • Aug 17
No longer forecast to breakeven The 7 analysts covering Nearmap no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$60.0m in 2025. New consensus forecast suggests the company will make a loss of AU$59.0m in 2025. Recent Insider Transactions • Apr 27
Independent Non-Executive Chairman recently sold €453k worth of stock On the 21st of April, Peter Richard James sold around 488k shares on-market at roughly €0.93 per share. This was the largest sale by an insider in the last 3 months. Peter Richard has been a seller over the last 12 months, reducing personal holdings by €323k. Recent Insider Transactions • Apr 22
Independent Non-Executive Chairman recently sold €453k worth of stock On the 21st of April, Peter Richard James sold around 488k shares on-market at roughly €0.93 per share. This was the largest sale by an insider in the last 3 months. Peter Richard has been a seller over the last 12 months, reducing personal holdings by €323k. Recent Insider Transactions • Mar 22
Independent Non-Executive Chairman recently bought €66k worth of stock On the 18th of March, Peter Richard James bought around 81k shares on-market at roughly €0.82 per share. This was the largest purchase by an insider in the last 3 months. Peter Richard has been a buyer over the last 12 months, purchasing a net total of €131k worth in shares. Breakeven Date Change • Feb 17
No longer forecast to breakeven The 7 analysts covering Nearmap no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$11.0m in 2024. New consensus forecast suggests the company will make a loss of AU$14.1m in 2024. Breakeven Date Change • Sep 23
Forecast to breakeven in 2024 The 6 analysts covering Nearmap expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of AU$12.8m in 2024. Average annual earnings growth of 67% is required to achieve expected profit on schedule. Reported Earnings • Aug 21
Full year 2021 earnings released: AU$0.039 loss per share (vs AU$0.081 loss in FY 2020) The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: AU$113.4m (up 17% from FY 2020). Net loss: AU$18.8m (loss narrowed 49% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Breakeven Date Change • Aug 18
No longer forecast to breakeven The 6 analysts covering Nearmap no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of AU$31.0m in 2024. New consensus forecast suggests the company will make a loss of AU$12.1m in 2024. Recent Insider Transactions • May 11
Non Executive Director recently bought €600k worth of stock On the 7th of May, Ross Stewart Norgard bought around 500k shares on-market at roughly €1.20 per share. In the last 3 months, they made an even bigger purchase worth €662k. Insiders have collectively bought €736k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 03
Non Executive Director recently bought €662k worth of stock On the 30th of March, Ross Stewart Norgard bought around 500k shares on-market at roughly €1.32 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €137k more in shares than they have sold in the last 12 months. Recent Insider Transactions • Mar 18
Independent Non-Executive Chairman recently sold €526k worth of stock On the 15th of March, Peter James sold around 382k shares on-market at roughly €1.38 per share. This was the largest sale by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months. Reported Earnings • Feb 18
First half 2021 earnings released: AU$0.02 loss per share (vs AU$0.041 loss in 1H 2020) The company reported a solid first half result with reduced losses, improved revenues and improved control over expenses. First half 2021 results: Revenue: AU$54.7m (up 18% from 1H 2020). Net loss: AU$9.39m (loss narrowed 50% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 18
Revenue beats expectations Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 17%, compared to a 31% growth forecast for the Software industry in Germany. Is New 90 Day High Low • Feb 08
New 90-day high: €1.54 The company is up 2.0% from its price of €1.51 on 10 November 2020. The German market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.58 per share. Is New 90 Day High Low • Jan 12
New 90-day low: €1.25 The company is down 23% from its price of €1.63 on 14 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Software industry, which is down 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.49 per share. Is New 90 Day High Low • Dec 03
New 90-day low: €1.34 The company is down 25% from its price of €1.78 on 04 September 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Software industry, which is also down 25% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.76 per share. Is New 90 Day High Low • Nov 02
New 90-day low: €1.35 The company is down 6.0% from its price of €1.43 on 04 August 2020. The German market is also down 6.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Software industry, which is down 30% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.75 per share.