Ann: LiveTiles FY21 Results Announcement, page-103

Some analyst updates following the full year results. Data from Simply Wall St was updated Aug 27 (Wilsons) and Sept 6 (Citi).

Revenue is forecast to grow 22% over the next year. Fairly conservative in my opinion. Earnings are forecast to grow significantly (over 80% in the next year). As expected, given almost half their losses were one-off legal expenses in FY21 and their (almost) CF+ position.

Interestingly no one seems to have provided cash flow forecasts (or it's not shared to Simply Wall St). The lumpy/seasonal nature of cash receipts makes it hard to predict. But if receipts continue to grow in line with ARR (assuming no more temporary discounts due to covid, large R&D expenses or significant restructuring costs), then they should reach free cash flow sometime in the next couple of quarters.

Evans & Partners and Blue Oceans Equity are also following the stock. If anyone has any analyst data they can share, I'm sure it'd be much appreciated by all.