Business
LiveTiles posts maiden positive operating cash flow for June quarter – Small Caps
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.
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, from a deficit of $8.8 million at end March to a positive $1.2 million.
After including the quarters non-recurr…
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