LVT 0.00% 0.6¢ livetiles limited

Only until the ARR is announced! Citi put out a new report...

  1. 475 Posts.
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    Only until the ARR is announced! Citi put out a new report yesterday (still a buy with a target price of $0.94). The paragraph below was the highlight:

    Imminent 4Q19 Data: LiveTiles has historically released its quarterly Annualised Recurring Revenue (“ARR”) data around the 10th of the month following the close of the quarter. In anticipation of that announcement: i) We are forecasting Jun-19 qtr ARR of $42m (incl. $9m from Wizdom and $2m from Hyperfish), implying 111% organic growth vs. the pcp ($31m vs. $15m); and ii) On a qtr on qtr basis, our $42m forecast represents +21% growth (from $35m).
 
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