It was detailed and driven by what interested me. I will run a live event this time before preparing the 2025 report. I want to get feedback from you on what signals you need from the noise. We are up to 500 stocks now. This is a lot of noise. For example - see the X list:

You can scroll on forever and not glean much insight on trends, who won and who lost.

So let’s have a brief huddle to consider what you want to know about what happened in the world model or geospatial stock market in 2025.

Then I’ll produce the report.

I look forward to an engaging discussion.

A month ago there was another signal, this time a post that got 22 likes, 12 comments and 8,500 impressions:

I’ve since begun to arrange calls with former podcast guests and some others who’ve expressed a general interest in a financial product about the geospatial industry. Those people were all very enthusiastic to talk with me.

The former, a geospatial stock news service, is tough but doable. The latter, a financial product like an ETF, is for finance industry professionals. Not me. So I am interested in your needs for a stock analysis service about the geospatial industry. Will you be happy with news based on the list in the first image above? Less? More?

Respond to this email. Comment below. DM me on Substack, X, Bluesky or LinkedIn. I’d also be happy to discuss your ideas for a financial product. Use the same channels to reach out.

Thanks,

Wil

I am issuing an open call for interviews with the public about unfairly denied health insurance claims. Purpose: to discover if an app is needed to easily, successfully challenge them. To participate, just reply to this email, comment below or hit up wilfred DOT waters AT gmail DOT com. Comments on motivation, legitimacy, approach and background follow.

Why?

I have a GISP. According to Item 4 of the Rules of Conduct, Section 1, I have a responsibility to:

4. …hold paramount the safety, health, and welfare of the public.

I don’t see why I restrict my purview to geospatial conduct. Also, geography is a lens on health insurance coverage:

As discussed in the epilogue to the episode with Development Seed, a 26 year old software developer shot dead the CEO of United Healthcare 3 months ago. I and all of us are very sorry this resulted in, amongst other things, 2 fatherless children. The error of this act is compounded by the fact the killer was a software developer. Here was a young man with the coding skills to change an industry but he wrongly chose to use violence instead. Now the software development industry must respond with thoughtful, deliberate leadership. It appears that we must produce software that millions of Americans need to make it very easy to successfully challenge unfairly denied health insurance claims. The solution must scale to the population level. It must pass the grandma usability test.

Is This Effort Legitimate?

I am a Stanford trained product manager. I have a framework to deploy that distils the Silicon Valley approach to software entrepreneurship. The risk of succeeding is therefore high. The opening words out of course instructor Kunal Punjabi’s mouth were that most software start ups fail. A key problem is failure to identify a top customer need. How do we ensure we are working backward from customer needs?

100 customer interviews.

I am at 200 followers. 43% of you are American. I have the time to talk with all 86 of you. If a quarter of you find 1 more each, then we’ll easily cover the requirement of 100 customer need profiles. Here is the experience of a doctor last month showing this is important work and you will make the world a better place:

@drelisabethpotterIt’s 2025, and navigating insurance has somehow gotten even more out of control… I just performed two bilateral DIEP flap surgeries and two bilateral tissue expander surgeries. During one of the DIEP cases, I was interrupted by a call from United Healthcare—while the patient was already asleep on the operating table. They demanded information about her diagnosis and inpatient stay justification. I had to scrub out mid-surgery to call United, only to find that the person on the line didn’t even have access to the patient’s full medical information, despite the procedure already being pre-approved. It’s beyond frustrating and, frankly, unacceptable. Patients and providers deserve better than this. We should be focused on care, not bureaucracy. I just have no other words at this point

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She goes on to say on Instagram that she in fact did intend to request inpatient care after the surgery for her patient. This is despite the health insurer’s claims to the contrary:

drelisabethpotter

A post shared by @drelisabethpotter

A shocking circumstance that an industry should overwhelm the Hippocratic oath.

Approach

On the approach I will take -

1. Your confidentiality will be protected. Names and personally identifiable information do not matter to me and will not be recorded, stored or distributed. This is about strong customer needs across an aggregate of 100 people. Information will only be stored, processed, analyzed, interpreted and reported in an aggregated form.

2. I am a graduate of Fundamentals of Product Management at Stanford Continuing Studies, I achieved an A-:

   

   Hence I am applying a framework that ensures thoughtful, deliberate action in qualifying customer needs, then an agile approach to software solutions.

3. In the framework, we are at the stage of ethnographic studies. In the words of my instructor, these are “to discover their problems, motivations, current patterns and the solutions they rely on to solve the given problem.” More on the interview approach:

Background

On my background -

1. Along with an M App Sci (GIS), I have a B Psych (Hons). It is important to say that I am not a qualified clinician. You are encouraged to make use of one if you need it - many of you can access this for free through your workplace EAP.

2. I am a former Lifeline counsellor in Australia. This is a suicide helpline. I completed the required training then volunteered in 2007. Anyone with signs of suicidal ideation will be referred to 988 Suicide and Crisis Lifeline because I am not a trained counsellor in the USA. Languages: English, Spanish. Hours: Available 24 hours.

I will use my background to be an effective listener. You may also consider the episodes from my two podcasts to judge evidence of this:

The Behavioral Investor:

The Geospatial Index:

Conclusion

As my product management instructor said, we fail when an urgent, widely held customer need is not identified. I therefore seek to interview 100 members of the public about struggling to challenge unfairly denied health insurance claims. If, whilst protecting privacy, such a need is identified, we will iterate from there.

Yesterday was the release of Global Top 100 Geospatial Companies – 2025 Edition. I mentioned this annual list in my end of year summary:

It is meaningful to me because when I was getting started building The Geospatial Index it was a large list of companies to trawl through looking for publicly traded ones:

I have created a workbook tracking this list year by year. It contains all companies, public and private, by year. It then shows only the public ones. Then a bar chart of companies by the number of years they’ve appeared in the list:

Something else to know is that 46 public companies in total have been listed across the 7 years the list has been running (2016, 2019, 2021-2025). Then another showing number of public companies by year:

Finally, what you’re really interested in, comparisons:

The first Geoawesome Top 100 was published November 2nd, 2016. That inception date applies to the first 5 records in the above table. You can see the performance of a portfolio made of the 12-20 public geospatial companies included in each of the 7 years. It is 10% per annum. This portfolio has unfortunately lost, however, to the market (S&P 500) and any version of my Geospatial Index. The market can be bought as one stock, such as the SPY exchange traded fund.

Then there is the comparison over the past year. The previous Geoawesome Top 100 list was released January 31st, 2024. So all numbers in the last 5 rows relate to this start date and a January 30th, 2025 end date. Here the panel included yours truly:

And we clocked a couple of wins: over the index and pureplay stocks of The Geospatial Index. Can’t ignore the fact though that the adjacent stocks had a romping year, outperforming the Top 100 by a full 6%.

JOBS

Here is the latest jobslist from Vikas Pingle.

THE GEOSPATIAL INDEX

The Geospatial Index is a comprehensive listing of all publicly traded geospatial businesses worldwide. Why? The industry is growing at ~5.4% annually (after inflation and after adjusting for base rates). This rate varies significantly, however, by sub index. For ~$400,000 to start, this growth rate is $5,000,000 over a working life. This channel, Bluesky account, newsletter, watchlist and podcast express the view that you are serious about geospatial if you take the view of an investor, venture capitalist or entrepreneur. You are expected to do your own research. This is not a replacement for that. This is not investment advice. Consider it entertainment.

NOT THE OPINION OF MY EMPLOYER
NOT YOUR FIDUCIARY
NOT INVESTMENT ADVICE

Bluesky: ⁠https://bsky.app/profile/geospatial.money⁠
LinkedIn: ⁠https://uk.linkedin.com/in/geospatialindex⁠
Watchlist: ⁠⁠https://www.tradingview.com/watchlists/123254792/⁠
Newsletter: ⁠

The Geospatial Index

Obsessed with compounding via geospatial stocks.

Spotify:

1. Growth of

   1. pureplay Geospatial Index and subindex breakdown.

   2. adjacent Geospatial Index.

   3. Geoawesomeness Top 100.

2. Contribution analysis.

3. Exposure analysis.

4. Valuations.

5. Job highlights by world region by VIKAS SHANTARAM PINGLE.

THE GEOSPATIAL INDEX

The Geospatial Index is a comprehensive listing of all publicly traded geospatial businesses worldwide. Why? The industry is growing at ~5.4% annually (after inflation and after adjusting for base rates). This rate varies significantly, however, by sub index. For ~$400,000 to start, this growth rate is $5,000,000 over a working life. This channel, Bluesky account, newsletter, watchlist and podcast express the view that you are serious about geospatial if you take the view of an investor, venture capitalist or entrepreneur. You are expected to do your own research. This is not a replacement for that. This is not investment advice. Consider it entertainment.

NOT THE OPINION OF MY EMPLOYER
NOT YOUR FIDUCIARY
NOT INVESTMENT ADVICE

Bluesky: ⁠https://bsky.app/profile/geospatial.money⁠
LinkedIn: ⁠https://uk.linkedin.com/in/geospatialindex⁠
Watchlist: ⁠⁠https://www.tradingview.com/watchlists/123254792/⁠
Newsletter: ⁠

The Geospatial Index

Obsessed with compounding via geospatial stocks.

Spotify:

As detailed in the first post:

…the point of this newsletter, podcast and networking effort is to maintain The Geospatial Index. The rules for building the index are detailed at that link. Something needs emphasising though. This portfolio never sells. It buys an $AUD100 position in every stock, then lets it sit till the company dies. Or if the company stops being geospatial or divests the geospatial part that meant the company went into the index. So this means some positions will come to dominate the index. The prime example is Oracle, which has been in since its 1986 IPO because Oracle Spatial was released 1984. You will see the consequences of this lengthy compounding runway for this highly successful company below.

It’s how time contributes when you let it run. This continues the time theme established in the last business profile of 2024, SeerAI:

Time is a vital edge in the market. This index uses it to the full. The benefits were on full display this year.

PERFORMANCE: OVERALL

All 363 stocks in The Geospatial Index vastly outperformed the benchmark, Autodesk, this year. They also outperformed the market, since the S&P 500 ‘only’ gained 25%. Another way to cast it is that, wherever one looks, it has been a bumper year.

What about pure-play geospatial stocks? They had a capital gain of ‘only’ 22%. Hence it was better to buy the benchmark or the market rather than pure-play geospatial stocks in the past year. And what about the adjacent geospatial stocks alone? Those had the best year of all, 35%.

We are at the unsettling conclusion that this effort reveals it is not a good investment to buy pure-play geospatial stocks. It is better to buy the market or the benchmark - Autodesk. Best of all though is to avoid pure-play geospatial stocks altogether and ONLY buy geospatial adjacent companies. Specifically, these are ones that have, amongst many other non-geospatial products and services they sell, a geospatial one as well. So, Nvidia (through NVIDIA DRIVE Map, cuSpatial etc), Oracle (through Oracle Spatial and Graph), Google (through Google Maps) etc. By the way, through cuSpatial I came across Rapids.ai - “GPU Accelerated Data Science”. Looks pretty sick.

PERFORMANCE: SUBINDICES

For the whole index (not just pure-play), the top performing subindex for the year was Autonomous Systems with a gain of 135% due to, you guessed it, the 187% gain of Nvidia. The league table arranged by performance is below.

As detailed in the episode with Nadine Alameh, ‘Shortening the Kill Chain’ is the subindex others refer to as Defense Stocks:

Sorry, that’s all I have time for. If you want the pure-play breakdown let me know!

PERFORMANCE: STOCKS

You’re all wondering which stocks were the best and worst. These are the top five:

And the bottom five:

What can we tell? The only position of any significance amongst these is Ceinsys, an Indian firm. You can tell by their value, nearly $AUD5,000. The rest are tiny positions, far below their original $AUD100 starting point except Intuitive Machines and Redwire. And what do we know about those two? They’re in the tortured Earth Observation/New Space subindex. For an expert review of this subindex, Case Closed is well worth a follow:

Case Closed

October 2024 Space Stock Review

Hello fellow space enthusiasts! 🚀…

Read more

a year ago · 7 likes · Space Case

CONTRIBUTION: STOCKS

Let’s turn now to a contribution analysis. The first screenshot showed that the index gained $AUD134,000 in value this year. Which sub-indices and stocks explained most of that gain? Below are the top 10 stocks. Oracle and Nvidia were the only ones contributing more than 10%. Oracle contributed nearly 40%. We are left to conclude that one could probably get by with just owning Oracle for a significant amount of the flavour produced by The Geospatial Index overall.

CONTRIBUTION: SUBINDICES

Looking at subindices contributing the most and least, here they are in descending order:

Fully 80% of the overall gain for the year is accounted for in the top 5. Analytics lost money this year, hence the negative contribution. Returning to the performance by subindex discussed above, we can see that both top and bottom 5 sets are different:

We can conclude from this that database and autonomous systems subindices performed and contributed highly. CAD, Consultancy and Geospatial Software on the other hand did not perform particularly highly but nevertheless contributed strongly. This is likely due to their containing very many stocks - Consultancy is over 40 for example, more than 10% of the total index count of stocks. Regarding performance, we can see that Seafloor, Drone and Device subindices performed well this year but did not make it into the top five in terms of contribution. This is due to both size and historical performance. Seafloor has less than 10 stocks in it and they’re all small companies. Drone and Device subindices have performed poorly in the past, so the value overall of these subindices is low. Hence it is tough for them to contribute a lot to overall gains despite performing well.

CONTRIBUTION: COUNTRIES

It is a sobering experience looking at the contribution across the 30 countries the index falls across:

The only one that matters is the US, contributing 86% of the overall index gain for the year. The rest of the world, 29 other countries, are left with only 14% of the gains to fight over. Interestingly, India stands out here, whose stock market has been on an absolute tear since COVID. There are 19 companies in the index from India, yet they together contribute fully 4% of the overall index gain for the year.

SCREENING

I discovered an incredibly useful aspect of the TradingView screening tool this year. One can feed a watchlist into it. So here is a value investor’s screen set to return only the interesting stocks from the index - Pulse Seismic and Subaru make the cut. The former is probably more interesting. Japanese automakers are known to stay at low multiples forever.

RETURN ON CAPITAL EMPLOYED

In the end, long term decent return on capital employed is what sorts the wheat from the chaff. Hence, another way to use the screener is to put trailing twelve months ROCE in as a column and return that metric against every component of the index:

Ranking it that way showed there are only 71 companies in the past year that have achieved 15% ROCE. Why do I care? I’ve been taught by my value investing professor, Kenneth Jeffrey Marshall, to use this as a threshold before considering a company further. This is because the US market gets on average 10% ROCE. So if you’re going to buy individual stocks then they better outperform the market significantly for it to be worth the analytical effort and risk of portfolio concentration on single stocks.

TOP 100

As some of you might be aware, I was on the Geoawesomeness panel to select the Top 100 Geospatial Companies in 2022 and 2023. This year I was not invited back. How rude. So, to spite them, I have decided to make my own list. I will use a single metric, that discussed above of return on capital employed. I can already say that we do not even have 100 companies that make the cut. We only have 71 I’ve made those into a little watchlist for you to browse. It is ordered by ROCE descending. Here are the top 10:

Now wasn’t that efficient? No need for a panel. No need for a lengthy evaluation period filled with subjectivity. Just let the companies perform and rank them end of year. Done.

Oh, you’re wondering about pure-play geospatial stocks? There were only 13 that made the 15% ROCE threshold this year, here they are:

You can see that Fugro is there. I note it has high ROCE yet low multiples of EV/EBIT, FCF/MCAP and P/B. I continue to support the idea of evaluating it from the perspective of a value investment. A podcast guest this year, Eldar Rubinov, had some detail on the company from when he worked there:

CONCLUSION

In conclusion, you can stop reading the Geoawesomeness blog. Mine is better. So is this annual market intelligence report compared to their Top 100. Sorry Muthu and Aleks ;-)

In all seriousness, we can summarise things by defining the hunting ground. American stocks contribute the vast majority of gains. Due to a combination of time in the market and growth, the subindices of Database and Autonomous Systems are another way to see what to focus on through accounting for nearly 60% of gains this year. If you want to sharpen the focus to the ultimate degree, individual stocks Oracle and Nvidia, from the same two subindices respectively, accounted for 50% of overall gains. 2 stocks. Amongst 362 stocks.

I am reminded of the Pareto Principal.

We began with time and that’s where we’ll end. I am investing one lifetime at a time. Building on that, I’m running a multigenerational compounding engine. My goal is the use company ownership via the stock market to put the generations of my family that come after me in a position of power such that they do not have to spend 30 years in mortgage servitude to buy a house every generation. The family’s multigenerational portfolio will take care of their accommodation. Through the power of long term compounding, there will come a generation where they can live in a new house every day of the week.

Why do I know this? Look at Oracle, the dominant stock of this portfolio. With dividends reinvested and adjusting for stock splits, it has compounded at 21% since its IPO on 12 March 1986. You can check other stocks here. This has resulted in the initial $100 compounding to $AUD185,000 now if you had bought at the IPO back then:

It might look like this index is about space. But really it’s about time.

Happy 2025.

Peace.

Wil

Wall Street went on a rampage in the month since I migrated to the US: +6% for the pure-play geospatial index.

It wasn’t all sunshine and roses. Oracle dropped dramatically, with the database subindex contributing -30% of the overall monthly move.

Valuations at the extremes remain stable. Usual suspects from China are the overvalued ones. I’m going to stop mentioning them. Fugro remains in the cheap companies list. Along with Strabag they’re worth a look by disciplined/value investors looking for returns via multiple expansion.

NOT YOUR FIDUCIARY

NOT FINANCIAL ADVICE

NOT A LAMBORGHINI OWNER

Contribution analysis by subindex.

Contribution analysis by individual stocks.

Valuations.

Overall the pureplay geospatial index dropped by 2% this week.

Also enjoy the memes 😅

Well, this week things have now come crashing down. Play the video for more.

Are we done here?

Listen in for the other update categories.

Short of the week: Viasat:

The Bear Cave

Problems at Viasat (VSAT)

Viasat (NASDAQ: VSAT — $1.34 billion) owns a fleet of around twenty satellites that provide “cost-effective, high-quality broadband, narrowband and other connectivity solutions to aviation, maritime, enterprise, consumer, military and government users around the globe.” The Bear Cave believes new competition led by SpaceX’s Starlink is stealing share from Viasat’s key markets and will continue to grow at Viasat’s expense. And with the election of President Trump, Elon Musk and Starlink have gained a powerful new ally in competing against Viasat. Based on the collective reviews of customers, employees, and engineers, The Bear Cave concludes Viasat is a dead company walking…

Read more

a year ago · 15 likes · Edwin Dorsey

Until next week.

Wil

1. Pureplay Geospatial Index

   1. Growth by subindex

   2. Winners and losers

   3. Valuations

2. Overall Geospatial Index valuations

Pureplay Geospatial Index

Growth by subindex

The Pureplay Geospatial Index dropped by 1% for the week ending 10/26/24. Growth by subindex is shown in the video below.

Winners and losers

Winners

1. Aurora Mobile

2. Drone Guarder Inc

3. NextNav

4. Beijing Piesat — greatest name ever 🥇

5. The Glimpse Group (Nasdaq: VRAR)

Losers

1. Cardno

2. Location Based Technologies Ltd

3. Red Cat Holdings

4. Nextech3D.AI

5. Globalstar

More detail in the video below:

Valuations

Highest multiples

1. Beijing BDStar

2. Aerospace CHUAV

3. ZWSoft

4. Ideaforge

5. Spirent

Lowest multiples

1. Cardno

2. OptiGIS

3. Boustead

4. Fugro

5. Pasco

More detail below:

Geospatial Index Valuations

Highest multiples

1. Shimizu

2. Fujian Technology

3. Palantir

4. Parsons

5. Beijing BDStar

Lowest multiples

1. Urently

2. Cardno

3. Sparc AI

4. Mazda

5. VW

More detail below:

A 1 year update on activities.

Podcast stats

1. 16 podcast episodes (1 was disallowed by the company - no harm done, it was the second with them), so 15 company interviews published.

2. Viewership is… terrible, subs (most popular ep):

   1. Youtube: 52 (An Ordnance Survey of Artificial Intelligence)

   2. Substack: 46 (Mobeen Hanid)

   3. Spotify: 15 (Synmax)

   4. Apple podcasts: 12 (Umbra)

   5. Google podcasts: 0 (Bettermaps.ai)

   6. Amazon Music: 0 (no one listened to anything!)

Related is social media. I quit X because of Andrew Tait - perhaps a bit over the top but really it’s not a good look. I went across to Threads and am at nearly 30 followers. This is an order of magnitude less than what I accumulated on X. But hey. I should say I also secured a coveted Bluesky account, but that’s an even less active platform.

The Geospatial Index

1. Number of companies: 215 (Watchlist)

2. Sectors: 14

3. Industries: 40

4. Currencies: 20 (fewer than countries due to the Euro)

5. Exchanges: 31

6. Countries: 23 (looking through tax havens)

7. Subindexes: 21

I’ve been playing with the reports from Sharesight and managed to massage the below table out of Excel. It shows the top five countries by count of geospatial (and related) public companies is the US, Japan, China, Canada then India. The table also contains the most successful geospatial investment from each company (market, stock code, name and value are listed). Value is how much an $AUD100 investment has grown since the company first entered the index. The upshot? Oracle. Listed in 1986, has been the most successful investment the geospatial industry has had to offer thus far.

This is because it has compounded at 21% annually since listing in 1986:

The IPO was outside of Sharesight price history so I obtained IPO price here, and stock split history here. Oracle spatial was first developed in release 4. This was released 2 years before IPO in 1984, so we have captured their entire advance.

Now, I hear some of you complaining that Oracle isn’t a REAL geospatial company. And you’re right! It happens to be the most badass spatial database out there, but I get that this is just a small part of their overall business. Really they’re about vast enterprise database systems for whole regional councils with millions of people, or global organisations employing hundreds of thousands.

So what else can we consider? Well, looking at the list China stands out with China Spacesat. This has grown at 20% since 1997. They are a REAL geospatial company as, amongst the satellites they fly, there are ones doing earth observation and positioning, navigation and timing (PNT). But you can see that this has ‘only’ accumulated just shy of 10k from its original $AUD100 investment. So you must be wondering, amongst all the companies, what is the REAL geospatial company that’s done the best?

Well, we’re back to the US again with Autodesk. From its original $AUD100 investment in 1985 it has compounded to $38,621… This is because, as stated in the episode, every engineering, construction and architecture firm has their software installed. In my view it is TERRIBLE, buggy, unstable, lumbering software that is confusing to use and encourages bad habits around drawings as opposed to generating genuine spatial data… but the truth is they have nailed the industry.

So, I think that’s a fair estimate of things really. America is the best economy with the brightest minds, it stands to reason the most successful geospatial companies come from there. But of course, that says nothing about the future. So it’s great to see China making its way into the mix and this index helps us begin to sift through the opportunities. I’m really excited!

Growth

So the whole point of this is to make money! Let’s finally look at that. As emphasised in the episode above, I can’t speak with any confidence about anything more than 10 years ago. This is because of survivorship bias. I do not have access to expensive databases from S&P Global, Refinitiv or Factset of the history of all publicly traded companies across the world’s exchanges. Therefore I do not have visibility of all the bankrupted or acquired geospatial companies. This means I only have the survivors and this effect is especially strong more than a decade ago.

So, looking at the performance of the index (active and sold positions) over the past decade it is presently at 15.68% over the 200+ companies. Importantly, the S&P 500 index, “the market”, has basically kept up: 15.32%… So let’s be honest, maintaining The Geospatial Index is not worth the effort. I could just buy the market, spend no time whatsoever and I’d make just as much money. But, there’s more.

Subindex growth

I mentioned above there are 21 subindices. I made these because 200+ companies are not informative as a group. So I subjectively created the below list of subindices. You can see the top five are cloud, analytics, CAD, consultancy and agriculture. The bottom five are LiDAR, location based services, new earth observation, seismic and indoor mapping. Similar to the previous table, I have included the most successful company per subindex, showing its total return (capital, dividends and currency gains).

Once again, bear in mind that over the same period since 24 September 2013 the S&P500 index, “the market”, has grown at 15.32%, invalidating the whole effort for The Geospatial Index. This illustrates the utility of the subindices - one can see which outperform the market! We have 5 that outperform the market by 5% - a HUGE margin!

Base Rates

We can go one step further - recall I mentioned survivorship bias above. I cannot trust the index I’ve assembled prior to 2013 or so. There is a related issue. To understand, let’s look at the past century of performance of the US market, 10.5%:

So, for the decade of this study, the market has performed at 50% above the historical rate (15 instead of 10%). One may suspect that the same effect applies to The Geospatial Index, so the long term expected growth is also 10%. Dividing the growth rate of the subindices by 1.5 to find what it might be in regular conditions:

These are still incredibly good growth rates. Yes, the sample sizes of the top 5 are small except for consultancies. If you set the sample size threshold at 10 components per subindex, you’re looking at 3 with a growth rate above the market in regular economic times. Consulting, GEOINT and auto. More on those in future.

Conclusion

In the end, has this all been worth it? Well, I made an investment in the past year in a Geospatial Index component: Meta/Facebook. I bought on 22/8/2022, right at the beginning of this project.

It is now up 82%.

THE GEOSPATIAL INDEX

The Geospatial Index is a comprehensive listing of all publicly traded geospatial businesses worldwide. Why? The industry is growing at ~10% annually. For only $58,000 to start, this growth rate is $5,000,000 over a working life.

This channel, Threads account, newsletter, watchlist and podcast express the view that you are serious about geospatial if you take the view of an investor, venture capitalist or entrepreneur.

You are expected to do your own research. This is not a replacement for that. This is not investment advice. Consider it entertainment.

Threads: https://www.threads.net/@geospatialindex
Watchlist: ⁠ https://www.tradingview.com/watchlists/123254792/
Meetup: https://www.meetup.com/london-mapup/
Newsletter:

The Geospatial Index

Obsessed with compounding via geospatial publicly listed equities.

By Geospatial Money

Podcast: