looks to be primarily related to the NTM. Seems to have regressed a fair bit to 1.3% from 2.8%. Either they’re having more defaults or they’re giving more margin away to the retailers. I suspect a bit of both. I was expecting ARR to be up toward $55-60m. This is more like 45-50m
LBY Price at posting:
$1.45 Sentiment: Buy Disclosure: Held