Nearmap Limited
(ASX:NEA) say they have signed an upgraded contract with an existing customer worth $1.47 million a year.
The new deal will broaden the customer’s use of nearmaps aerial imagery and data visualisation tools across its organisation.
CEO Rob Newman says the contract is a good example the successful Australian business model.
Nearmap also reaffirmed revenue guidance of between $28 million and $32 million by the end of December 2015.
In the 2015 financial year, nearmap reported a net loss of $789,000
