Ann: 1st Half FY19 Results Announcement, page-15

I suggest a lot of you go back and read my post from last week regarding LVT’s cash balances going forward. I reckon they’ve got a pretty good handle on their costs now and this combined with the reference to growing revenues to $100m “organically” has me thinking they’re actually quite well funded at the moment. FWIW I’ve got their cash balance bottoming at $7.7m at the end of Q2 FY 2020 (and increasing thereafter) and my calculations were on the conservative side if anything. Feel free to poke holes in my calculations, but I’m happy with them. By the way, ARR is $30.8m already including Wizdom so anything less than $36m in ARR at the next announcement would be disappointing!