15 April 2021

Board Appointments

• LiveTiles names former Executive of ASX-listed SEEK and former Executive of ABN AMRO to the Board.
• Fiona Le Brocq and Jesse Todd bring growth expertise with Australian and global blue-chipcompanies.
• Both candidates join the LiveTiles Board as independent non-executive directors.
• Appointments come after extensive search as part of LiveTiles Board renewal program.

18 February 2020

Wizdom achieves earn-out following strong ARR growth and positive EBITDA

• Wizdom successfully meets earn-out conditions following strong annualised recurring revenue (ARR)growth and positive EBITDA
• Wizdom’s market-leading intranet software has proven to be highly complementary to LiveTiles’ intelligent workplace platform and is driving strong enterprise customer growth
• Integration successfully completedwith all key staff retained
• Like Wizdom, LiveTiles’ first acquisition (Hyperfish) also successfully achieved itsearn-out following rapid ARR growth of 425% in FY19

...

LiveTiles acquired Wizdom, Europe’s leading intranet software business, in February 2019.Wizdom has achieved strong ARR growth of 87%in the 13 month period to 31 January 2020(from $8.0 million to $15.0million), whilst also generating positive EBITDA.

The Wizdom acquisition, together with the CYCL acquisition completed in December 2019, has also extended LiveTiles’ clear global leadership of the rapidly emerging intranet software market, which LiveTiles estimates to be a $13 billion per annum market opportunity.

10 February 2020

LiveTiles partners with Canva to accelerate global growth

• LiveTiles will integrate Canva into its core platform, providing LiveTiles users the ability to rapidly build graphic design elements within the Intelligent Workplace, without the need for any previous design experience
• Partnership brings together two fast-growing Australian SaaS companies focussed on empowering people within the workplace
• Combined active user base is in the tens of millions, providing cross-selling opportunities in the long term, and a footprint which spans the global enterprise, SMBs and K-12 education markets
• Partnership highlights the strength of LiveTiles’ market position as the number one  platform for enterprises that provides capabilities beyond traditional intranets

3 February 2020

LiveTiles approved for Microsoft co-sell into US Government

• LiveTiles receives highly sought after General Services Administration (GSA) approval within the U.S. Government and U.S. Department of Defense
• GSA   approval   creates   new   commercial   opportunities   and   helps   to   accelerate   existing opportunities for LiveTiles with the U.S. government
• As  an  approved  GSA  Vendor,  U.S.  governmental  agencies  will  be  able  to  quickly  purchase  LiveTiles technology and bypass a typically lengthy procurement process
• GSA approval extends on approvals recently received from the Australian and UK Governments to accelerate purchasing processes within government
• LiveTiles and its partners will immediately pursue joint opportunities with Microsoft across U.S. Government and U.S. Defense, including via the recently announced $14.6B AUD JEDI contract

30 January 2020

Stronger Q2 ARR growth, cash receipts up, underlying opex beat guidance

• Annualised recurring revenue(ARR) reaches $52.7million as at 31 December 2019, up from $42.9millionas at 30 September 2019. ARR has grown 130% in the last year and is up 7.6x in 2 years
• Q2FY20 saw strong ARR growth of $9.8m, comprised of organic ARR growth of $5.1m(Q1 $2.8m), augmented by acquired growth of $4.7m coming from the acquisition of CYCL, completed in early December
• Strong organic growth was achieved notwithstanding adverse FX translation impacts and higher than typical churn of primarily smaller customers. Average ARR per customer rose to over $51,000
• Total customer cash receipts rose 162% on the prior corresponding period to $10.4million. Underlying operating expenses were below guidance for $16.2m. Operating cash burn of $6.7m was an improvement on the underlying Q1 cash burn rate(excluding R&D grant income). The Company had cash on hand of $46.6m at 31 December 2019
• LiveTiles continues to expect another year of strong customer and revenue growth in FY20. LiveTiles continues to pursue its short term target of $100m in ARR and sees significant market and growth potential beyond this level

16 January 2020

Q2 ARR grows to $52.7 million

• Annualised recurring revenue 1(ARR) reaches $52.7 million as at 31 December 2019, up from $42.9 million as at 30 September 2019. ARR has grown 130% in the last year and is up 7.6x in 2 years Q2 FY20 saw strong organic ARR growth of $5.1m from 30 September, augmented by acquired growth of $4.7m coming from the acquisition of CYCL, completed in early December
• CYCL acquisition completed in early December with integration progressing well
• Organic growth from continued focus on bundled and integrated offerings, which carry a longer sales cycle but higher average contract value and retention rate. Q2 saw  continued growth in average contract value, with this growth achieved despite a higher churn rate among smaller customers and adverse FX translation impacts
• LiveTiles continues to expect another year of strong customer and revenue growth in FY20

From 26 November 2019 Presentation

20 November 2019

Acquisition of leading intelligent intranet provider

• Agreement signed to acquire CYCL AG, the leading Switzerland-based intelligent intranet software provider
• CYCL, through its Condense and MatchPoint products, has a leading market position in Switzerland and Germany, with a small and growing US presence
• The combination of joint capabilities between CYCL’s MatchPoint product, LiveTiles and Wizdom creates an enhanced Intelligent Workplace offering which will open up greater enterprise opportunities
• Low-touch, mobile-focused product (Condense) expands LiveTiles’ addressable market through targeting organisations with large front-line (deskless) workforces
• Differentiated software and services capability, serving 156 high-quality customers with total revenue of $14.1m and annualised recurring revenue (ARR) of $4.7m3
• EBITDA and cash flow positive business, thereby accelerating LiveTiles’ path to breakeven
• Upfront purchase price of $19.0m ($6.3m cash and $12.6m stock), representing an attractive EV / total revenue multiple of 1.3x1, with additional earn-out consideration capped at $13.2m (25% cash and 75% shares)
• Strong alignment of interest between LiveTiles and CYCL, with majority stock consideration and an earn-out conditional upon achieving strong ARR growth and positive EBITDA

Q1 Highlights

• $42.9m of annualised recurring revenue (ARR) (1) , up 131% on pcp
• 952 paying customers across every major industry vertical
• 185 transacting partners
• Large and rapidly growing addressable market
• Pleased with sales and marketing activity early in Q2
• Strengthening pipeline - early customer and partner response to Wizdom and bundling driving pipeline growth
• Bundles: longer sales cycle, higher average contract value and retention rate
• Larger and more engaged partner channel

11 October 2019

Q1 ARR grows to $42.9 million, confirms strong outlook

• Annualised recurring revenue 1 (ARR) reaches $42.9 million as at 30 September 2019, up from $40.1 million as at 30 June 2019. ARR has grown 131% in the last year and is up 8.6x in 2 years
• Q1 FY 20 saw strong APAC region performance offset by seasonal buying patterns in the US and European regions. The Company is pleased with sales and marketing activity early in Q2, with a strengthening pipeline and more engaged partner channel
• Wizdom, the Company’s recently acquired intranet software for the enterprise market, is delivering strong growth with an increasing FY20 pipeline of deals being generated through the global partner channel
• During Q1 global sales and marketing teams across Wizdom and LiveTiles were integrated with a strong response with in the enterprise market to the Company’s combined value proposition
• These efforts position the business to deliver on FY20 and long - term growth targets through more bundled offerings, which naturally have a longer sales cycle but higher average contract value and retention rate
• LiveTiles expects to deliver another year of strong customer and revenue growth in FY20

23 August2019

LiveTiles Learning launched in partnership with GO1.com

• Strategic partnership with GO1.comto launch the LiveTiles Learning platform and jointly pursue commercial opportunities
• LiveTiles’Intelligent Workplace and Talent Management capabilities will be integrated with GO1’s learning marketplace to provide an enhanced employee experience with an outstanding learning and development offering
• GO1 is the world’s largest online learning and development marketplace, providing businesseswith the simplest wayto find, book and deliver corporate training
• Expands the opportunity for both parties to grow their existing customer footprintand fast-track significant commercial opportunitiesthrough cross-selling and jointsales initiatives

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Under the partnership, LiveTiles will combine its intelligent workplace technology with GO1.com’s online platform to offertargeted learning solutions based on an employee’s profile,leveraging the artificial intelligence capabilities of LiveTiles’ Intelligent Directory,powered by LiveTiles’ Hyperfish product. Providing enterprises with an end-to-end training and learning solution, this additional capability will be a valuable resource to support employee onboarding, tracking and ensuring compliance with regulatory training requirements and for the ongoing training and development of staff. Companies will be able to create their own courses and create intuitive, sophisticated reporting to stay on top of their team’s growth plus select from a catalogue of over 500,000 courses developed from local and international experts.

GO1.com provides online training and development services to over1.5 million learners from more than 1,000 organisations,including major global companies such as Hasbro and Thrifty.The partnership significantly expandsLiveTiles’ potential reach into GO1.com’s established customer base.

30 July 2019

167% annual growth delivers $40.1 million of annualised recurring revenue

• Annualised Recurring Revenue (ARR) reached $40.1million as at 30 June 2019, up 167% in the last 12 months
• 919 paying customers as at 30 June2019, reflecting ongoing substantial enterprise customer base growth
• Customer cash receipts rose 52% to $7.9m in the June quarter when compared with the March quarter, and rose 130% on the prior corresponding period
• Net operating  cash  outflow  of  $6.2million in  the June  2019  quarter,  the  fourth  consecutive quarter of net operating cash flow improvement
• Increasing brand and product awareness and conversion of a strong sales pipeline expected to deliver continued strong customer and revenue growth in FY20 and beyond
• LiveTiles’ key objective is to organically grow ARR to at least $100 million by 30 June 2021

Record 4 th Quarter delivers ARR of $40.1 million, up 10 times in 2 years

• Annualised recurring revenue1 (ARR) reaches $40.1 million as at 30 June 2019, up from $34.5 million as at 31 March 2019
• Q4 FY19 ARR was a record quarter for LiveTiles, with growth of $5.6 million (65% higher than Q4 FY18 organic ARR growth of $3.4 million)
• ARR has grown by 167% in the last 12 months
• Acquired businesses performing well with strong cross-selling and bundling potential in FY20 and beyond. Hyperfish recurring revenue up 425% since acquisition with earn-out achieved • Key objective remains to organically grow ARR to at least $100 million by 30 June 2021

26 June 2019

Hyperfish recurring revenue up 425% since acquisition

• Since its acquisition in June 2018, Hyperfish’s annualised recurring revenue has grown by more than 425%, from $0.4 million to over $2.1 million

• Second (and final) earn - out achieved in full

• Hyperfish’s unique technology has enabled LiveTiles to extend its intelligent workplace platform to deliver exciting new capabilities to our global customer base

LiveTiles launches AI-driven data security solution as reported by businessnews.

"... the potential market for this security service is significant, targeting 400,000 customer organisations and more than 85% of Fortune 500 companies that leverage Microsoft's SharePoint Online. "

Full transcript can be found here: https://www.businessnewsaus.com.au/articles/livetiles-launches-ai-driven-data-security-solution-with-microsoft.html

In addition: "... Gartner forecasts expenditure on cyber security this year to exceed $124 billion. " Refer to: https://www.finnewsnetwork.com.au/archives/finance_news_network233071.html