Nearmap Australia Pty. Ltd.
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Nearmap Australia Pty. Ltd. - overview
Established
2007
Location
-, NSW, Australia
Primary Industry
Software
About
Founded in 2007 and based in New South Wales, Australia, Nearmap Australia Pty. Ltd. operates as a digital content platform and an ASX 300 technology company, which was founded by Stuart Nixon. Nearmap Australia Pty.
Ltd. trades on the ASX under the ticker symbol NEA. In August 2022, Thoma Bravo agreed to fully acquire the company in a public-to-private transaction for approximately AUD 1. 055 billion, or AUD 2.
10 per share in cash. Following the transaction, Nearmap Australia Pty. Ltd. will no longer be listed on the ASX.
The transaction is expected to be implemented by late November 2022. As of 2023, Rob Newman remains the CEO. Nearmap Australia Pty. Ltd.
’s product line includes Vertical Imagery, which is a virtual site survey platform that provides high-definition aerial imaging and an orthographic perspective of urban areas around Australia; Nearmap Oblique Imagery provides aerial oblique photographs that display customer locations from several angles; NEARMAP 3D, which is a 3D imagery and data platform that offers 3D maps; Nearmap Impact Response, which is a platform that provides quick, high-quality aerial photos after natural disasters; and Nearmap AI, which is an image and objects recognition platform. As of 2022, their client base includes companies in the insurance, government, solar, engineering, and construction sectors.
Current Investors
Thoma Bravo
Primary Industry
Software
Sub Industries
Multimedia & Graphics, Application Integration Software, Analytics & Performance Software
Website
www.nearmap.com
Verticals
Artificial Intelligence, Cloud Computing, IoT (Internet of Things)
Company Stage
Mature
Total Amount Raised
Subscriber access only
Nearmap Australia Pty. Ltd. - timeline of key events
Nearmap Australia Pty. Ltd. - financials
| Fiscal Year Ended | Jun 30, 2012 | Jun 30, 2013 | Jun 30, 2014 | Jun 30, 2015 | Jun 30, 2016 | Jun 30, 2017 | Jun 30, 2018 | Jun 30, 2019 | Jun 30, 2020 | Jun 30, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 5,687,099 | 10,986,718 | 17,846,000 | 23,626,000 | 30,882,000 | 40,666,000 | 53,553,000 | - | - | - |
| % Revenue Growth (YoY) | - | 93.2% | 62.4% | 32.4% | 30.7% | 31.7% | 31.7% | - | - | - |
| EBITDA (USD) | (8,505,760) | 1,073,437 | 5,088,000 | 3,739,000 | 542,000 | 5,934,000 | 5,030,000 | - | - | - |
| Operating Income (USD) | (10,819,482) | (1,236,415) | 3,014,000 | 82,000 | (5,100,000) | (1,534,000) | (8,227,000) | - | - | - |
| Operating Margin | (190.2%) | (11.3%) | 16.9% | 0.3% | (16.5%) | (3.8%) | (15.4%) | - | - | - |
| % EBITDA Margin | (149.6%) | 9.8% | 28.5% | 15.8% | 1.8% | 14.6% | 9.4% | - | - | - |
| NET Income (USD) | (10,403,335) | (1,019,819) | 7,078,000 | (789,000) | (7,135,000) | (5,304,000) | (11,029,000) | - | - | - |
| % Net Margin | (182.9%) | (9.3%) | 39.7% | (3.3%) | (23.1%) | (13.0%) | (20.6%) | - | - | - |
Nearmap Australia Pty. Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | ITEL Laboratories, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | BetterView Marketplace, Inc. | - | ||||||||
| Public to Private | Completed | Nearmap Australia Pty. Ltd. | - |
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Nearmap Australia Pty. Ltd. - employee data
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