Ann: LVH September Quarterly Report and Appendix 4C, page-3

Awesome 4c. What we find out from the report:

1. LiveHire’s key performance metric, Talent Community Connections (TCCs), increased exponentially for the quarter to 447,575 TCCs. The 23.6% QoQ growth (Q4 FY17 362,130) was above the Company’s 20%+ QoQ target and the 11th straight quarter of exponential growth.
2. Cash receipts increased 35% QoQ to $444,075 (Q3 FY17 $329,736), reflecting the strong sales momentum of the Talent Community platform in the enterprise software space, and the network effect of the ecosystem
3. LiveHire’s internal Enterprise Sales team continued to penetrate vertical markets further through the launch of numerous Talent Communities for corporate clients across key industries.
4. LiveHire expanded its product into a new major market, (Agency) Recruitment Services with Randstad Asia. The (Agency) Recruitment Services market is a new major global addressable market for LiveHire, in addition to medium to Large Enterprises and RPO.
5. LiveHire was awarded an Australian Information Industry Association (AIIA) iAward in September, the nation’s peak body for the digital economy, as well as the DrivenXDesign award for design and user experience (UX).
6. LiveHire appointed multiple industry leaders in key roles in the organisation: Christy Forest (Non-Exec Director) from CEB; Denise Carson (Sales Director) from Splunk; Jarrod Hughes (SVP Sales and Strategic Alliances) from IBM.
7. Very strong balance sheet of $16.2m cash at bank as at 30 September 2017, debt free, with expectations of becoming cash flow positive on forecasted capital expenditure.