Just read the 1st 15 pages of the 1Hy2022 ending 31/12/22 presentation and you will find all the information you need.
I was surprised that the dedktop licenses are 88% and mobile 12% of all licenses. In other words the original product is still the basis of the LVT offerings AND the extras are making it a super attractive product. If you examine the add on products like BindTuning and … and read up on them you will see the potential to widen the application.
the very large annual subscriptions being paid, averaging $60k plus, demonstrates this is currently a product for serious businesses. There has been a 12-18 month period of enlarging subscriptions, up selling with reach, buying 4 businesses to add product enhancements and dealing with Covid. IF THE DESIGN BRAINS ARE STILL WORKING (founders) then LVT is in good shape. I suggest shareholders read the report ended 31/3/22 is also studied as exact figures etc are given.
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- Ann: FY22 Q3 Quarterly Activities Report and Appendix 4C
Ann: FY22 Q3 Quarterly Activities Report and Appendix 4C, page-438
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