Another record quarter delivers $11.2m annualised subscription revenue, up 315% year-on-year
• Annualised subscription revenue1 (ASR) reaches $11.2 million as at 31 March 2018, up from $6.9 million as at 31 December 2017 and $2.7 million as at 31 March 2017
• ASR has grown by 315% in the last 12 months
• Significant strategic partnership with key Microsoft sales and marketing vendor boosts sales and marketing resources in North America
• Strong ASR growth expected in FY18 and beyond, driven by sales and marketing investment, Microsoft co-marketing initiatives and demand for recently launched AI products
LVT Price at posting:
41.5¢ Sentiment: Buy Disclosure: Held