Earnings release
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ASX Announcement 28 October 2021 LiveTiles continues its momentum with growth in ARR and cash receipts Highlights ● ● ● ● AUD $ m Appendix 4C Quarterly cash flow report for entities subject to Listing Rule 4.7B $ 64.5m Annualised Recurring Revenue ( ARR ) at 30 September 2021 grew 13 % versus the prior corresponding period ( pcp ) ; ARR on a Constant Currency basis¹ was $ 64.9m . Cash receipts of $ 14.6m , an equal record quarter ; was 21 % higher than pcp ( $ 12m ) . Net operating cash outflow ( excl . grants and non - recurring items ) of $ 0.5m ; a 58 % improvement on Q4FY21 and 33 % on pcp . LiveTiles announced it had secured a $ 10m loan facility , with $ 6m received and fully drawn . The remaining $ 4m will be issued as convertible notes following shareholder approval at 2021 AGM A cash position of $ 20.9m at 30 September 2021. Which includes $ 6m of the $ 10m facility , with a further $ 4m to come subject to shareholder AGM approval , setting the Company to be well funded to continue executing its growth strategy . Hosted a global Lets Connect with Simon Sinek virtual event with approx . 4,300 attendees and over 20,000 visited the event website to view the Employee Experience ( EX ) Thought Leadership materials and has generated approximately 500 qualified opportunities Live Tiles Limited ( ASX : LVT ) ( LiveTiles or the Company ) , a global leader in employee experience software for employee collaboration and communications , has today released its Appendix 4C and Quarterly activities report for the three month period ended 30 September 2021 . ARR growth¹ 18.6 Sep - 18 51 % CAGR over 3 years 42.9 Sep - 19 ■ ARR ( reported currency ) 57.1 ASX Listing Rules Appendix 4C ( 17/07/20 ) + See chapter 19 of the ASX Listing Rules for defined terms . Sep - 20 64.5 Sep - 21 Annualised Recurring Revenues ( ARR ) represented contracted , recurring revenue on an annualised basis 1 September 30 2021 ARR is shown on a constant currency basis when compared with using the 30 September 2020 FX rates . 64.9 ARR ( Constant Currency ) ¹ 1 Page 1