LVT Record quarter delivers $6.9m annualised subscription...

LVT

Record quarter delivers $6.9m annualised subscription revenue, up 245% year-on-year
• Annualised subscription revenue* (ASR) reaches $6.9 million as at 31 December 2017, up from $5.0 million as at 30 September 2017 and $2.0 million as at 31 December 2016
• ASR has grown by 245% in the last 12 months
• LiveTiles’ Artificial Intelligence products promoted to Fortune 500 companies, in partnership with Microsoft
• Further investment in sales and marketing has driven a significant step-up in the sales pipeline and is expected to contribute to strong ASR growth in FY18
Customer highlights in the December quarter included:
 A multinational media conglomerate headquartered in the United States
 One of the world’s largest investment managers, headquartered in the United States
 A large transportation authority in the United States
 A leading insurance company headquartered in the United Kingdom
 A large real estate group based in the Middle-East
 A major airline headquartered in the Asia-Pacific region
 An Australian Federal Government agency
 A large Australian university
 A major life insurance company based in Asia