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Once LVT hits $100m in ARR, I would like them to put out another...

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09/02/20

12:43

Post #: 42825989
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Originally posted by cyw: ↑

Nothing new was presented at the AGM. Expenses vs growth question was asked and the standard answer that they want to be the biggest and sustainable provider of intranet solutions and they need to grow to a certain size to maintain their top position. The CFO mentioned that they can easily return a profit but that would not be in the interest of shareholders. They need to be much bigger. When the company hits $100M ARR, they will decide on the next growth path. So it seems things will be pretty much the same until 2021. Karl said after the meeting what kept him up at night is that a competitor will sneak up and take over the top position so all hands are on deck to growth the business. Karl also mentioned he is disappointed with the current share price but we have to be patient. Livetiles is a very young company and he won't blame shareholders who got in at 11c only a couple of years ago to take some profits.

No solid number forecasts except the $100M ARR.

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Once LVT hits $100m in ARR, I would like them to put out another goal of $500m ARR...

On $100m ARR, LVT will be worth ~ a billion dollars.

On $500m ARR, LVT will be worth ~$10 billion dollars.

Karl wishes to become a billionaire through LVT... it is not as wishful thinking as one might believe...

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LVT Price at posting: 34.0¢ Sentiment: Buy Disclosure: Held
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