It will be an absolute bargain at 10.5c or an ~$80M enterprise...

It will be an absolute bargain at 10.5c or an ~$80M enterprise value. At that market cap, it would be cheaper to acquire Livetiles than to invest in a fledgling start-up in the employee experience space which carries a much higher execution risk along with much less ARR.

For context on startups in this space:

Happeo - USD $12M funding in series A (~10-30% equity, which implies a valuation of USD $40-120M) It has ~$4.9M in revenue, a mile away from the $60M+ that LVT has.
https://getlatka.com/companies/happeo

Simpplr - $32M funding in series C (~15%, which implies a USD $215M valuation). It has an estimated USD $22.6M in revenue.
https://growjo.com/company/Simpplr
https://craft.co/simpplr/metrics

Obviously, I don't have the exact figures of the revenue, funding round specifics, etc but you get my point. LVT is clearly undervalued at 1.7x ARR.