My bug is that they announced the strategic plan last year and these numbers don’t look like they are on track. Seems another déjà vu moment like the $100m ARR target. Surely they should be reporting how they are travelling against this plan otherwise what’s the point. Was it another $4-$5m wasted.
Im not saying the report is bad it’s just not in line with targets announced to the market. At end of year Karl said he was expecting a slow September quarter but a big December? Was this it?
LVT Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held