LVT mentioned in AFR yesterday.
https://www.copyright link/wealth/personal-finance/four-shares-that-could-get-a-boost-from-the-remote-working-trend-20200731-p55h8cLivetiles Limited
LVT is based out of New York and has developed the LiveTiles platform, which aims to help employees communicate and collaborate in the new world of remote working. The platform is designed to allow companies to leverage off Microsoft technology, including artificial intelligence, to easily tailor and create optimised workplace platforms that can be easily adapted to different business needs.
After a tumultuous year regarding its share price, the recent quarterly update was upbeat. The company had generated positive operating cash flows, cut expenses aggressively and cash receipts for the year had risen by over 100 per cent.
However, by its own admission, in the short term COVID-19 continues to affect its sales pipeline, despite more customers over the quarter. The company is hoping its more simplified product offering will attract more enterprise companies.
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Ann: Positive cashflow and continued ARR growth in Q4, page-93
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