LVT 2.27% 21.5¢ livetiles limited

News: LVT Livetiles says annualised subscription revenue reached $5.0 million as at 30 September..., page-3

  1. 78 Posts.
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    Decent quarter.

    I think this company is no longer just a "start up". Staff costs have ballooned. Next quarter estimate outgoings are $5.1m. It's actually good to see this lift as it means investment are being ramped up. As long as the ASR continues to grow it's all blue sky from here.

    I managed to top up a little at 26 the other day. We should be back to all time highs in a few weeks. I'm expecting $6m ASR before 1st December on the back of recent trade shows in the US.

    Meanwhile, Microsoft shares are up over 5% in pre market because of better than expected cloud growth. It's now trading over $80.

    The software group said alongside Thursday’s results that it had hit a big cloud revenue target earlier than expected. Annualised run-rate revenues for Microsoft’s “Commercial Cloud” — which includes Azure, Office 365 and other units — hit $20bn.
 
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