OverviewSuggest Edit

Nearmap is a a location intelligence company providing cloud-based geospatial information services. It uses its patented camera systems and processing software to conduct aerial surveys capturing wide-scale urban areas. The content is made available in the cloud via web app or API integration.

TypePublic
Founded2007
HQBarangaroo, AU
Websitenearmap.com
Employee Ratings3.9
Overall CultureF

Latest Updates

Employees (est.) (Oct 2020)300
Revenue (FY, 2020)$96.7 M(+25%)
Share Price (Sept 2021)$2(-1%)
Cybersecurity ratingBMore

Key People/Management at Nearmap

Rob Newman

Rob Newman

Managing Director & Chief Executive Officer
Andy Watt

Andy Watt

Chief Financial Officer
Harvey Sanchez

Harvey Sanchez

Chief Marketing Officer
Simone Shugg

Simone Shugg

Chief People Officer
Tom Celinski

Tom Celinski

Executive Vice President, Technology & Engineering
Peter James

Peter James

Independent Non-Executive Chairman
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Nearmap Office Locations

Nearmap has offices in Barangaroo and South Jordan
Barangaroo, AU (HQ)
Tower 1 , Level 4/100 Barangaroo Avenue
South Jordan, UT, US
10897 S River Front Pkwy #150
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Nearmap Financials and Metrics

Nearmap Revenue

Nearmap's revenue was reported to be $96.71 m in FY, 2020 which is a 24.6% increase from the previous period.
AUD

Revenue (FY, 2020)

96.7m

Revenue growth (FY, 2019 - FY, 2020), %

24.6%

Net income (FY, 2020)

(36.7m)

EBIT (FY, 2020)

(9.6m)

Market capitalization (8-Sept-2021)

1.0b

Closing stock price (8-Sept-2021)

2.0

Cash (30-Jun-2020)

36.1m

EV

980.6m
Nearmap's current market capitalization is $1 b.
Annual
AUDFY, 2018FY, 2019FY, 2020

Revenue

53.6m77.6m96.7m

Revenue growth, %

45%25%

Operating expense total

62.2m89.0m134.5m

Depreciation and amortization

13.3m26.7m46.7m
Half Year
AUDH1, 2018H1, 2019H1, 2020

Revenue

24.4m35.5m46.3m

Operating expense total

29.4m36.0m65.4m

Depreciation and amortization

5.9m8.6m22.1m

Interest expense

289.0k
Annual
AUDFY, 2018FY, 2019FY, 2020

Cash

17.5m75.9m36.1m

Accounts Receivable

10.1m14.5m23.7m

Current Assets

31.5m96.2m63.6m

PP&E

12.0m16.8m33.4m
Half Year
AUDH1, 2018H1, 2019H1, 2020

Cash

20.6m81.3m49.6m

Accounts Receivable

9.7m16.2m23.9m

Current Assets

35.2m100.8m80.4m

PP&E

11.8m13.4m36.3m
Annual
AUDFY, 2018FY, 2019FY, 2020

Net Income

(11.0m)(14.9m)(36.7m)

Depreciation and Amortization

13.3m26.7m46.7m

Accounts Payable

9.3m13.1m(6.4m)

Cash From Operating Activities

(2.7m)24.9m12.1m
Half Year
AUDH1, 2018H1, 2019H1, 2020

Cash From Operating Activities

(3.3m)1.4m(787.0k)

Purchases of PP&E

(2.3m)(3.0m)(6.5m)

Cash From Investing Activities

(4.7m)(6.8m)(24.8m)

Long-term Borrowings

(1.7m)
AUDH1, 2018

Financial Leverage

2.5 x

P/E Ratio

(0.4)
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Nearmap Operating Metrics

Nearmap's Subscriptions was reported to be 10.5 k in FY, 2020.
H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020

Annualized Contract Value

$54.23 m$66.23 m$78.32 m$90.24 m$96.58 m$106.44 m

Average Revenue per Subscription

$6.6 k$7.47 k$8.41 k$9.21 k$9.58 k$10.18 k

Subscriptions

8.22 k8.86 k9.31 k9.8 k10.08 k10.46 k
Show all operating metrics

Nearmap Acquisitions / Subsidiaries

Company NameDateDeal Size
Ipernica Ventures Pty Ltd
Nearmap Aerospace Inc.
Nearmap Australia Pty Ltd
Nearmap Holdings Pty Ltd
Nearmap Remote Sensing US, Inc.
Nearmap USA Pty Ltd
Nearmap US, Inc.

Nearmap Revenue Breakdown

Embed Graph

Nearmap revenue breakdown by geographic segment: 62.3% from ANZ and 37.7% from NA

Nearmap Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Nearmap Online and Social Media Presence

Embed Graph

Nearmap Company Culture

  • Overall Culture

    F

    38/100

  • CEO Rating

    F

    20/100

  • Compensation

    A+

    100/100

Learn more on Comparably

Nearmap News and Updates

Nearmap doubles down on U.S. coverage, capturing aerial imagery of more than 80% of the population¹ up to 3 times a year

Clients will access 130,000 sq miles of additional content, including double the urban coverage of oblique/3D content Clients will access 130,000 sq miles of additional content, including double the urban coverage of oblique/3D content

Nearmap Promotes Tony Agresta to General Manager of North America

Agresta takes on sales, marketing and operations for Nearmap Agresta takes on sales, marketing and operations for Nearmap

Nearmap Hires Don Weigel As Vice President of Products

Nearmap aerial imagery is a source of truth that is always on and instantly available to help users make educated and informed decisions Nearmap aerial imagery is a source of truth that is always on and instantly available to help users make educated and informed decisions

Nearmap Partners With Geographic Technologies Group To Help Local Governments Make More Informed Decisions

State and local governments can realize new capabilities in their use of aerial technologies when they harness the combined power of Nearmap and GIS technology from GTG State and local governments can realize new capabilities in their use of aerial technologies when they harness the combined power o…

Nearmap US Post-Catastrophe Aerial Imagery Helps Insurers Analyze The Impact of Natural Disasters To Improve Carrier Response Times

The fast turnaround of Post-Cat aerial imagery and access to a rich source of historic location content going back to 2014 is unmatched in the industry The fast turnaround of Post-Cat aerial imagery and access to a rich source of historic location content going back to 2014 is unmatched in the indus…

Nearmap Strikes Partnership With North Central Texas Council of Governments To Provide Recurring Oblique and Orthophotography Aerial Imagery

Nearmap provides NCTCOG more frequently updated imagery, faster delivery times at a reduced cost Nearmap provides NCTCOG more frequently updated imagery, faster delivery times at a reduced cost
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Nearmap Blogs

Nearmap Unveils Game-Changing Streaming 3-D Online and Previews AI Technology at Navig8

Nearmap newest streaming 3-D product - “3-D Viewer and 3-D Export” - democratizes and accelerates access to 3-D imagery with easy-to-use browser application Nearmap has developed AI technology to create new datasets from its high-resolution aerial imagery, allowing to id…

Accelerate Your Roofing Business with Aerial Imagery

It’s no secret that roofers have an usual view of the world on a daily basis. Their ability to see things from a whole new perspective is at the heart of what they do.  Roofers are shifting their perspective even more by using aerial imagery.to grow their business 

Resolution in aerial imagery matters - here's why

With high-resolution imagery comes the ability to model reality, creating real-life visualizations for engineers, planners, construction teams and many others.

Cesium 3D Tiles - Helping Cities Stream 3D Models

A NEW OPEN STANDARD FOR 3D — AND THE NEARMAP COMMUNITY Nearmap introduced offline 3D datasets to enable photo-realistic visualizations of wide-scale urban landscapes — 3D cities — that power a variety of real-world scenarios, from emergency response planning to co…

Earth Conservation with a Unique Sky View

The global celebration of Earth Day sparks a variety of activities throughout the month of April, from recycling to water consumption, tree planting to carpooling. But what about when it comes to a more large-scale conservation effort? One of the tools scientists are using to monitor a v…
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Nearmap Frequently Asked Questions

  • When was Nearmap founded?

    Nearmap was founded in 2007.

  • Who are Nearmap key executives?

    Nearmap's key executives are Rob Newman, Andy Watt and Harvey Sanchez.

  • How many employees does Nearmap have?

    Nearmap has 300 employees.

  • What is Nearmap revenue?

    Latest Nearmap annual revenue is $96.7 m.

  • What is Nearmap revenue per employee?

    Latest Nearmap revenue per employee is $322.4 k.

  • Who are Nearmap competitors?

    Competitors of Nearmap include Geoscape Australia, Hexagon Geospatial and EagleView Technologies.

  • Where is Nearmap headquarters?

    Nearmap headquarters is located at Tower 1 , Level 4/100 Barangaroo Avenue, Barangaroo.

  • Where are Nearmap offices?

    Nearmap has offices in Barangaroo and South Jordan.

  • How many offices does Nearmap have?

    Nearmap has 2 offices.