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COVID-19 proves to be a tailwind for Nearmap

Yolanda Redrup
Yolanda RedrupRich List Editor

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Aerial imaging company Nearmap has joined the short list of companies providing guidance for the 2021 financial year, with strength in its key customer segments providing some certainty for the business.

Coinciding with Nearmap's annual general meeting, the company said it was on track to achieve annualise contract values of $120 million to $128 million - a range of 12.7 per cent to 20.3 per cent growth. Because ACV is just a snapshot in time, it can differ to revenue.

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Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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    Original URL: https://www.afr.com/technology/covid-19-proves-to-be-a-tailwind-for-nearmap-20201111-p56dpp