What you heard seems to not be too far off the mark
Fairly buoyant at the moment. In regards to expenses and the caution around it, what needs to be remembered is this is recurring, subscriber revenue that they are locking in. Unlike single purchase model where you need to maintain/grow your sales force for continued revenue, Livetiles can essentially "turn the tap off, and print money" and direct funding into software development. I personally like the fact that Australia doesn't get SAAS hyper growth model.
I won't be selling these for all the dirham in marrakech (well not for now)
DYOR GLTA
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