The 2015 financial year was another pivotal year for nearmap, underpinned by continued growth in the Australian business as well as significant progress with our international expansion into the United States.
It is pleasing to note that the Australian business continued to grow in FY15 with revenue up 32% and gross profit up 36% from the prior year. Investment in the Australian business continues as we introduced our first ever marketing function, established a local management team and extended our sales capacity, all of which are driving growth in Australia. We continue to see high retention rates of customers and have laid the foundation for sustainable growth.
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