Also, coupled to that, which I believe seems fairly obvious, is that they are capturing subscriptions, not purely organic sales.
As Karl mentioned “we could’ve turned off costs and printed money”.
Whilst Livetiles still has to engage and offer value, they no longer have to keep recapturing the customer for ongoing sales like an organic sales business model.
Ofcourse then, to beat their competitors and lock in additional subscribers, their increased sales team will have to spread the word and spread it fast, which I think they’re doing fantastically.
For me, they seem to be spending the right money in the right places that’s getting results.
DYOR
LVT Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held