LVT
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Company News
LiveTiles posts maiden positive operating cash flow for June quarter
Workplace software technology company LiveTiles (ASX: LVT) has posted a $1.2 million maiden operating cash flow for the June quarter, underpinned by growth in annualised recurring revenue and customer cash receipts. Normalised operating cash flow – excluding government research and development grants, tax incentives and non-recurring expenses – improved by $10 million during the quarter, […]
LiveTiles and Linius Technologies team up to provide video intelligent meeting solution
Intelligent workplace technology company LiveTiles (ASX: LVT) has teamed up with software as a service company Linius Technologies (ASX: LNU) to develop an enhanced video-based intelligent meeting solution. Under the deal, LiveTiles will integrate Linius’ cloud-based video virtualisation engine technology into its core platform. It is expected this will enable LiveTiles users to extract unique […]
Acquisitions and customer growth underpin strong quarterly revenue for LiveTiles
Cloud-based intelligent workplace software company LiveTiles (ASX: LVT) has posted an annualised recurring revenue of $52.7 million for the December 2019 quarter, representing a year-on-year growth of 130%. The growth – up 7.6 times on figures from 2017 – was driven by the $48 million acquisition of European digital workplace software company Wizdom in February […]
LiveTiles swoops to acquire Swiss intranet provider CYCL in multimillion-dollar deal
Software company LiveTiles (ASX: LVT) has unveiled plans to acquire Swiss intranet provider CYCL AG, a company with complementary software development projects that are expected to boost LiveTiles’ own offering. The two companies have agreed to conduct the acquisition at a purchase price comprising of an initial tranche of CHF12.9 million (A$19 million) – made […]
LiveTiles teams up with GO1.com to boost corporate training
Software developer LiveTiles (ASX: LVT) has secured yet another tech industry partnership in a bid to drive new commercial opportunities and accelerate its incremental growth plans. Earlier today, LiveTiles announced it had signed a strategic partnership with GO1.com, the world’s largest online compliance, professional development and training marketplace. The deal means LiveTiles can now launch its […]
LiveTiles sets company revenue record amidst new client acquisitions
Global software developer LiveTiles (ASX: LVT) has published stellar quarterly numbers after announcing a record quarter of annualised recurring revenue (ARR) growth. Longer term, LiveTiles says it’s aiming to be in a position to haul in over $100 million in ARR by the end of 2021. In a statement to the market, LiveTiles said its ARR […]
LiveTiles joins forces with Oxford University technology spin-off to create data analytics tool
Global software developer LiveTiles (ASX: LVT) has partnered with UK-based data analytics company Zegami to launch the world’s first enterprise-grade, visual search and analytics solution. Under the agreement, Zegami’s technology will be integrated into LiveTiles’ intelligent workplace platform to solve the growing list of big data challenges for large enterprises. The solution will enable business […]
LiveTiles achieves strong quarter marked by higher annual revenue
Global software company LiveTiles (ASX: LVT) has posted another strong quarter on the earnings front, with annualised recurring revenue skyrocketing 208% year-on-year. The company, which aims to empower its users to create their own intelligent workplace experiences, achieved $34.5 million in revenue for the end of March 2019, up from $11.2 million a year prior. […]
LiveTiles acquires Wizdom as wave of next-generation applications looms
Global software company LiveTiles (ASX: LVT) is looking to push its “intelligent workplace” product suite a step further after it agreed to acquire the entirety of Denmark-based Wizdom, a highly complementary and fast-growing software business with a strong European footprint. According to LiveTiles, its acquisition target is currently cash-positive and will generate both logistical and […]
LiveTiles teams up with Microsoft to destress airport operations via artificial intelligence
Emergent software company LiveTiles (ASX: LVT) has announced a high-profile new venture to develop what it calls an “airline AI bot solution” in conjunction with US computing giant Microsoft. The deal’s ultimate aim is to implement the efficiencies offered by artificial intelligence technology to improve the functioning of airports. The duo intends to develop a […]