Ann: LVT accelerates growth plans with acquisition of My Net Zero, page-5

I wonder if they are overpaying for this given in the Dec21 quarter, MyNetZero had its first partner join....so it would appear that the relationship with Livetiles has probably accelerated it's growth and livetiles is now having to pay for that.

In Dec21, 20% was worth ~1m; and now we are paying double that.........I mean not the end of the world if they can generate 25m in revenues in 3 yrs time I guess

the positive is that with 55% ownership now, it means that MyNetZero gets consolidated under Livetiles so whatever ARR they have will form part of Livetiles ARR....hopefully this is a step up from what they reported in Jun22 rather than trying to maintain ARR at that level