Agreed. Livetiles as a SAAS company and the market leader by a long way can easily adapt should there be a correction as we approach the end of the current business cycle. At the AGM Carl said that they pay constant attention to the market and could if necessary flip into profit. However they are firmly committed to lowering expenses as they have demonstrated over the last quarters and with the increased synergy from their recent acquisitions they may reach profit ahead of forecast. With customised intranets comes increased efficiency and reduced costs; in difficult times this is what businesses must do to maintain or increase market share. I came away reassured that whilst they are firmly committed to rapid growth they maintain constant vigilance to prevailing market conditions.
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