I think in the short term you are going to be be more than pleasantly surprised. LVT is headed for a record ARR Quarter. They are going to blow organic ARR growth out of the water, by around 200%. Most of it is due to FX changes. By my calcs with FX rates where they are now ARR will grow by $7.5m before they sign any new deal for this Q. So if they have an average $3-4m Q then ARR growth will be $10.5-11.5m and put total ARR well into the 60's.
Problem is that as the virus is controlled and FX rates normalise, it will all disappear. LVT needs to implement a hedging program to keep these gains.
- Forums
- ASX - By Stock
- Comms with Management
I think in the short term you are going to be be more than...
-
-
- There are more pages in this discussion • 43 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
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
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