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Post Raise Craze set to Amaze, page-17

  1. 275 Posts.
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    "Nobody believes the ARR...........As we have discussed ARR is not actual revenue and is open to manipulation. "

    Sigh. another quote unsupported by the facts.

    Perhaps refer to the Auditors opinion on page 68 of the LiveTiles Annual Report. BDO is a large , highly respected auditing firm.

    "Revenue was identified as a key audit matter as it is a key performance indicator to the users of the financials ...........Our procedures, amongst others, included... reviewed management’s reconciliation of Annualised Recurring Revenue (ARR) listing to the reported revenue per the financial statements. "


 
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