Sky Falls In on Nearmap Ahead of Bid Vote
Aerial imaging company Nearmap revealed the worst possible news ahead of a key takeover vote - two clients set to drop or cut back on their use of the company.
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Nearmap Ltd
Nearmap Ltd (Nearmap) is an innovative location intelligence company capturing a rich data set about the real world, providing high value insights to a diverse range of businesses and government organisations.
Using its own patented camera systems and processing software, Nearmap captures wide-scale urban areas in Australia, New Zealand, US and Canada multiple times each year. This fresh content, together with a range of analytics and tools, is instantly available in the cloud via web app or API integration.
Every day, Nearmap helps thousands of users conduct virtual site visits for deep, data-driven insights — enabling informed decisions, streamlined operations, and robust bottom lines.
Nearmap is one of the ten largest aerial survey companies in the world by annual data collection volum
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Peaks and Valleys Persist for Nearmap
Shares in mapping tech Nearmap surged nearly 15% in trading on Tuesday after the company surprised with an upgraded outlook, more than wiping out its loss for the year.
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Wax Melts on the Wings of Appen, Nearmap
Two high flying tech stocks returned to earth with a thud on Thursday with Appen and Nearmap both seeing 20% plus slumps in their share prices; one a bit of a mystery, the other for good reason.
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Nearmap Prepares For Weak Conditions
Nearmap has implemented savings initiatives, anticipating positive cash flow by June, despite being deemed an essential service and unaffected to date by the pandemic.
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Nearmap Navigates Virus, Premier Delays Reopening, Kogan Booms
Restaurant Brands has warned investors of a “significant decline”, online retailer Kogan has reported a huge jump in sales, Premier Investments yesterday confirmed that it has delayed re-opening some of its Australian chains while Nearmap has confirmed full-year guidance and reckons it is largely unaffected by the COVID-19 lockdown.
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