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0.6¢ livetiles limited

Yes great points about the streamlining the business and cutting...

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Indytrader1988

5,915 Posts.

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23/09/21

16:28

Post #: 56301700
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Originally posted by Chipfiend: ↑

The company in my opinion is on the right track.

It has become quite lean in the past financial year due to cuts of ~35% to operating expenses. They have restructured their offering from a lot of products to two. Simple is better as it reduces the complexity of understanding what LVT does. They are focusing on what has worked - Reach (licences grew 1200% last year). This is their ticket to growing the ARR.

They are coming off a tough COVID year and with vaccines allow countries to open up, it will allow more opportunities to sell to large enterprises. I think the worst is behind us and the facts seem to indicate that as well.

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Yes great points about the streamlining the business and cutting costs.

LVT Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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