It's about $1m in staff costs they'll be adding back to on-going operating costs. They've still removed approx. $3m thanks to a reduced headcount.
Despite these temporary cost reductions, it's clear they've still made a concerted effort to reduce cash burn. If it weren't for the acquisitions throwing out the numbers, they'd probably be on consistent upward trajectory to cash flow positivity. But these acquisitions have positioned them well to benefit in the longer term. On the investor call, they said the product with the most uptake has been LiveTiles Reach (formerly CYCL Condense), due to it's ability to be rolled out rapidly. Interestingly, this product is the only one not dependant on the Microsoft ecosystem.
- Forums
- ASX - By Stock
- Ann: Positive cashflow and continued ARR growth in Q4
It's about $1m in staff costs they'll be adding back to on-going...
-
- There are more pages in this discussion • 147 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LVT (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.474M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LVT (ASX) Chart |
Day chart unavailable