Nearmap Ltd (NEAPF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Nearmap Ltd (NEAPF) trades at $1.36. Nearmap Ltd, now a private company, provided cloud-based geospatial information services across Australia, New Zealand, North America, and Canada. Sector: Communication services.
Price live · AI analysis from Mar 18, 2026Analyst Coverage for NEAPF: NEAPF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NEAPF against Communication Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
NEAPF: 1/1 perspectives are bearish.
How is this calculated? →Nearmap Ltd (NEAPF) Media & Communications Profile
Nearmap Ltd, a provider of cloud-based geospatial information services, offered high-resolution aerial imagery and data analytics across multiple geographies. Serving industries like construction, insurance, and government, Nearmap differentiated itself through advanced imagery technologies like vertical, oblique, and 3D mapping before being taken private in December 2022.
What Is the Investment Thesis for NEAPF?
Prior to being taken private, Nearmap presented a compelling investment thesis centered on the growing demand for high-resolution geospatial data and analytics. Key value drivers included its recurring revenue model, driven by subscription-based access to its imagery library, and its expansion into new geographic markets and industry verticals. Growth catalysts included the increasing adoption of AI and machine learning in geospatial analysis, which Nearmap addressed through its Nearmap AI product. The company's high gross margin of 100.0% indicated strong pricing power and efficient operations. However, the negative profit margin of -21.1% and a beta of 1.54 suggested higher risk and volatility. The company's future performance and value are now subject to the strategies and decisions of its private ownership.
Based on FMP financials and quantitative analysis
NEAPF Key Highlights
- High Gross Margin: Nearmap maintained a gross margin of 100.0%, indicating efficient cost management in its data acquisition and delivery processes.
- Geographic Reach: The company operated across Australia, New Zealand, Canada, and North America, providing a diversified revenue base.
- Product Innovation: Nearmap offered a suite of advanced imagery products, including vertical, oblique, 3D, and AI-powered analytics.
- Industry Diversification: Serving sectors from construction to insurance to government, Nearmap mitigated risk through a broad customer base.
- Private Status: As of December 2022, Nearmap was taken private, changing its investment dynamics.
Who Are NEAPF's Competitors?
NEAPF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ADBMF Audioboom Group plc | $22.70 | +0.00% | $371.69M | 45 |
| FRRGF Frontier Digital Ventures Limited | $0.55 | +0.00% | $239.65M | 48 |
| LMGHF LINK Mobility Group Holding ASA | $2.10 | +0.00% | $592.87M | 50 |
| MLRYY VK Company Limited | $0.90 | -27.91% | $523.96M | 41 |
| ROSYY PJSC Rostelecom | $1.01 | -71.14% | $540.67M | 44 |
| NBIS Nebius Group N.V. | $213.02 | -1.21% | 52B | 76 |
| RDDT Reddit, Inc. | $206.21 | +5.93% | $39.70B | 65 |
| YNDX Yandex N.V. | $18.94 | +0.00% | $15.14B | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NEAPF's Key Strengths?
- High-resolution imagery
- Proprietary technology
- Extensive imagery library
- Recurring revenue model
What Are NEAPF's Weaknesses?
- Negative profit margin
- High beta
- Dependence on aerial imagery capture
- Limited geographic presence compared to larger competitors
What Could Drive NEAPF Stock Higher?
- Continued adoption of geospatial data analytics across various industries.
- Expansion of cloud-based services and subscription models in the geospatial market.
- Potential for new partnerships and integrations with GIS software providers.
- Development of advanced 3D modeling capabilities and virtual reality applications.
What Are the Key Risks for NEAPF?
- Negative return on equity (-23.2%) — the business is not currently generating profit on shareholder capital.
- Competition from larger geospatial companies with greater resources.
- Technological advancements in satellite imagery that could reduce the demand for aerial imagery.
- Economic downturn affecting customer spending on geospatial services.
- Regulatory changes impacting aerial imagery capture and data privacy.
What Are the Growth Opportunities for NEAPF?
- Expansion of AI-Driven Analytics: Nearmap AI presented a significant growth opportunity by leveraging machine learning to extract valuable insights from its imagery. The market for AI in geospatial analytics is projected to reach billions of dollars by 2028, driven by demand for automated feature extraction and change detection. This allows Nearmap to offer more sophisticated solutions and attract new customers seeking actionable intelligence.
- Penetration of the North American Market: Continued expansion in North America, particularly in the United States and Canada, offered substantial growth potential. The North American market for geospatial services is one of the largest globally, driven by infrastructure development, urban planning, and disaster management. Nearmap's high-resolution imagery and data analytics positioned it to capture a larger share of this market.
- Strategic Partnerships and Integrations: Forming strategic partnerships with companies in complementary industries, such as GIS software providers and drone manufacturers, could accelerate growth. These partnerships can expand Nearmap's distribution channels and integrate its imagery into existing workflows, creating synergies and increasing customer value. The timeline for realizing these benefits is dependent on the specific partnerships and integrations pursued.
- Development of Industry-Specific Solutions: Tailoring its offerings to specific industry verticals, such as insurance and construction, could drive deeper market penetration. By developing solutions that address the unique needs of each industry, Nearmap can increase customer loyalty and attract new clients. This requires a deep understanding of each industry's workflows and data requirements.
- Enhancement of 3D Modeling Capabilities: Investing in advanced 3D modeling technologies could create new revenue streams and differentiate Nearmap from competitors. The market for 3D geospatial data is growing rapidly, driven by applications in urban planning, virtual reality, and augmented reality. Nearmap's existing imagery assets provide a strong foundation for building a comprehensive 3D data platform.
What Opportunities Does NEAPF Have?
- Expansion of AI-driven analytics
- Penetration of the North American market
- Strategic partnerships and integrations
- Development of industry-specific solutions
What Threats Does NEAPF Face?
- Competition from larger geospatial companies
- Technological advancements in satellite imagery
- Economic downturn affecting customer spending
- Regulatory changes impacting aerial imagery capture
What Are NEAPF's Competitive Advantages?
- High-resolution imagery: Nearmap's ability to capture and deliver high-resolution aerial imagery provides a competitive advantage.
- Proprietary technology: The company's proprietary image processing and AI algorithms create a barrier to entry.
- Extensive imagery library: Nearmap's vast library of historical and current imagery is a valuable asset.
- Recurring revenue model: The subscription-based model provides a stable and predictable revenue stream.
What Does NEAPF Do?
Nearmap Ltd, established in 1998 and formerly known as ipernica ltd until its rebranding in November 2012, was a cloud-based geospatial information services company headquartered in Sydney, Australia. The company specialized in capturing and delivering high-resolution aerial imagery, including vertical and oblique perspectives, as well as 3D models and AI-driven analytics. Nearmap served a diverse range of industries, including architecture, engineering, construction, insurance, financial services, property and real estate, roofing, solar, telecommunications, transportation, logistics, utilities, and the government sector. Its core offerings included Nearmap Vertical, Nearmap Oblique, Nearmap 3D, Nearmap AI, and Nearmap on OpenSolar, providing clients with detailed and up-to-date geospatial data for informed decision-making. Nearmap expanded its operations across Australia, New Zealand, Canada, and North America, establishing a significant presence in these key markets. As of December 6, 2022, Nearmap Ltd was taken private, marking a shift in its operational structure.
What Products and Services Does NEAPF Offer?
- Capture high-resolution aerial imagery using specialized aircraft and sensors.
- Process and analyze aerial imagery to create orthorectified maps and 3D models.
- Develop AI-powered analytics to extract insights from geospatial data.
- Provide cloud-based access to its imagery library and data products.
- Offer subscription-based services for recurring revenue.
- Serve a diverse range of industries, including construction, insurance, and government.
- Operate in Australia, New Zealand, Canada, and North America.
How Does NEAPF Make Money?
- Subscription-based access to aerial imagery and data products.
- Recurring revenue model with annual or multi-year contracts.
- Pricing based on geographic coverage, resolution, and data usage.
- Value-added services, such as AI-driven analytics and custom data solutions.
What Industry Does NEAPF Operate In?
Nearmap operated within the geospatial information services industry, a market characterized by increasing demand for high-resolution imagery and data analytics. The industry is driven by technological advancements in aerial imaging, AI, and cloud computing. Key trends include the growing adoption of geospatial data in urban planning, infrastructure management, and disaster response. Competitors include companies like ADBMF (Aerodata AG), FRRGF (Fugro NV), LMGHF (Lockheed Martin Corp), MLRYY (Maxar Technologies Inc), and ROSYY (Hexagon AB). Nearmap differentiated itself through its focus on high-frequency imagery updates and AI-driven analytics.
Who Are NEAPF's Key Customers?
- Architecture and engineering firms
- Construction companies
- Insurance providers
- Financial services institutions
- Property and real estate developers
- Government agencies
Company Profile
Nearmap Ltd operates in the Internet Content & Information industry within the Communication Services sector. It is headquartered in Sydney, AU. The company is led by CEO Robert Melville Newman. NEAPF has traded publicly since 2017.
ROE -23%Key Financial Metrics
Return on equity for Nearmap Ltd stands at -23.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -12.7%, showing how much profit it generates from its asset base. A current ratio of 1.36 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -3.4%, the inverse of the P/E and a quick read on earnings relative to price.
NEAPF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- High-resolution imagery
- Proprietary technology
- Extensive imagery library
- Recurring revenue model
Bear Case
- Negative profit margin
- High beta
- Dependence on aerial imagery capture
- Limited geographic presence compared to larger competitors
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · July 2026
NEAPF Latest News
No recent news available for NEAPF.
NEAPF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NEAPF.
Price Targets
Wall Street price target analysis for NEAPF.
NEAPF MoonshotScore
What does this score mean?
The MoonshotScore rates NEAPF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Robert Melville Newman
CEO
Robert Melville Newman served as the CEO of Nearmap Ltd. His background includes extensive experience in technology and business leadership. Prior to Nearmap, he held various executive roles in software and telecommunications companies, focusing on strategy, product development, and market expansion. He has a proven track record of driving growth and innovation in technology-driven organizations. His leadership was instrumental in guiding Nearmap's strategic direction and market positioning.
Track Record: Under Robert Newman's leadership, Nearmap expanded its geographic footprint and product offerings, including the launch of Nearmap AI. He oversaw the company's transition to a cloud-based platform and its focus on recurring revenue. Key milestones during his tenure include significant growth in subscription revenue and the establishment of strategic partnerships. However, his tenure ended when the company was taken private.
NEAPF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Nearmap (NEAPF) was not required to meet specific financial standards or reporting requirements typically associated with higher tiers like OTCQX or OTCQB. Companies in this tier often have limited or no financial disclosure, making it difficult for investors to assess their financial health and operational performance. Trading on the OTC Other tier generally signifies a higher level of risk compared to stocks listed on major exchanges like the NYSE or NASDAQ.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited Financial Disclosure: The lack of regular financial reporting makes it difficult to assess the company's financial health.
- Low Liquidity: Limited trading volume and wide bid-ask spreads can make it challenging to buy or sell shares.
- Higher Price Volatility: OTC stocks are generally more susceptible to price swings due to lower trading volumes.
- Potential for Fraud or Manipulation: The OTC market has a higher risk of fraudulent activities due to less stringent regulatory oversight.
- Going Private: Nearmap was taken private in December 2022, so the risks associated with the OTC market are no longer relevant.
- Verify the company's legal status and registration.
- Assess the company's business model and competitive landscape.
- Review any available financial statements or disclosures.
- Research the company's management team and their track record.
- Understand the risks associated with investing in OTC stocks.
- Consult with a financial advisor before making any investment decisions.
- Established Business Operations: Nearmap had been operating since 1998, indicating a history of business activity.
- Geographic Presence: The company had operations in multiple countries, including Australia, New Zealand, Canada, and North America.
- Customer Base: Nearmap served a diverse range of industries, suggesting a broad customer base.
- Proprietary Technology: The company had developed proprietary image processing and AI algorithms.
NEAPF Communication Services Stock FAQ
What does Nearmap Ltd do?
Nearmap Ltd specialized in providing high-resolution aerial imagery and geospatial data services. The company captured imagery using its own aircraft and proprietary camera systems and processed it to create orthorectified maps, 3D models, and AI-driven analytics. These products were delivered to customers via a cloud-based platform, enabling them to access and analyze geospatial data for various applications, including urban planning, infrastructure management, and risk assessment. Nearmap served a diverse range of industries across Australia, New Zealand, Canada, and North America.
What do analysts say about NEAPF stock?
Prior to being taken private, NEAPF's stock was subject to analyst evaluations, which focused on its growth potential within the geospatial information services market. Key valuation metrics included revenue growth, gross margin, and market share. Analysts considered the company's expansion into new geographic markets and industry verticals, as well as its investment in AI-driven analytics, as potential growth drivers. However, the negative profit margin and high beta were also noted as risk factors. Analyst consensus and recommendations are no longer relevant since the company is now private.
What are the main risks for NEAPF?
Before going private, Nearmap faced several risks, including competition from larger geospatial companies with greater resources and broader product offerings. Technological advancements in satellite imagery posed a threat to the demand for aerial imagery. Economic downturns could have affected customer spending on geospatial services. Regulatory changes impacting aerial imagery capture and data privacy were also potential risks. The company's negative profit margin and high beta reflected its financial vulnerability and market volatility. These risks are no longer directly applicable since the company is now privately held.
What are the key factors to evaluate for NEAPF?
Evaluate NEAPF on fundamentals, analyst consensus, and risk factors. Not financial advice.
How frequently does NEAPF data refresh on this page?
NEAPF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven NEAPF's recent stock price performance?
Nearmap Ltd (NEAPF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: High-resolution imagery. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NEAPF overvalued or undervalued right now?
Valuing Nearmap Ltd (NEAPF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying NEAPF?
Before investing in Nearmap Ltd (NEAPF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on data available prior to Nearmap Ltd being taken private on December 6, 2022.
- Financial data may not be fully up-to-date due to the company's private status.