If I remember correctly the mis-statements of ARR with LVT were...

If I remember correctly the mis-statements of ARR with LVT were greater in magnitude and effect on a shareholders view, than those below.
I think ARR dropped from $55m ARR to $33m ARR or thereabouts.
We still haven't been given any explanation. !!!!

Top executives at Wandisco have stepped down after an investigation into fraud at the troubled software company found it had falsified almost $15million in revenues last year.

The AIM-listed firm said the immediate departure of founder and chief executive, David Richards, and chief financial officer, Erik Miller, were 'not connected to the findings to date of the independent investigation'.

The probe, which was launched last month after Wandisco discovered 'potential fraudulent irregularities', found that orders giving rise to revenue of $14.9million and sales bookings worth $115.4million in 2022 were false.

David Richards, who founded Wandisco in 2005, has stepped down with immediate effect © Provided by This Is Money

Revenues last year should have been $9.7million, rather than $24million, while bookings should have been $11.4million, instead of $127million, the company said in an update to investors on Monday.

The findings by FRP Advisory also continue to support the initial view that one senior sales employee was responsible for the irregularities.