Aerial imagery technology and location data company Nearmap
(ASX:NEA) has announced that Annualised Contract Value – their key growth metric has grown 42 per cent year-on-year.
Their ACV portfolio is now at $78.3 million with 107 per cent growth in the US and 32 per cent growth in Australia.
Continuing operational improvements to US sales and marketing helped to deliver the largest half yearly ACV growth since operations began.
Shares in Nearmap
(ASX:NEA) are trading 9.4 per cent higher at $1.75.
