Citi is expecting FY20 ARR to finish at $55m, I.e. no growth in Q4-FY20. Followed by ARR of $67m at the end of FY21, 4 quarters later. Thus they are expecting an average of only $3m ARR added per quarter across FY21, due to churn, delayed projects and other COVID-19 challenges. However, they expect this to accelerate to $94m ARR at the end of FY22, which constitutes an average climb of $6.75m per quarter across FY22. My take from this is that LVT may not be a great hold across the next 3/6/9 months. But it is looking like an awesome hold over a 2-year horizon or more. I'll be looking for opportunities to accumulate sub 15 cents.
Citi is expecting FY20 ARR to finish at $55m, I.e. no growth in...
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