LVH 3.57% 2.7¢ livehire limited

Ann: LiveHire wins 4th enterprise agreement with Korn Ferry RPO, page-2

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  1. 273 Posts.
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    Well that's good that Korn Ferry, a large player in the recruitment space, are signed. LVH indicate that:

    The enterprise agreement represents annualised recurring revenue (ARR) of twice the current
    average ARR across LiveHire clients2, in addition to other non-recurring upfront revenue.

    Sounds impressive.  However, the sub-note indicates that ARR is only $27,885. So they expect Korn Kerry to double that ($55,000), giving a total ARR of $82,000. Not very high at all.  

    But the agreement appears to be with just an  Australian client of Korn Kerry.   So it looks like a trial, and if successful, would probably roll-out to other clients (but this is not mentioned).

    LVH do mention that it (the agreement) signals "progression" in their strategy.
 
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