LiveTiles Limited (ASX: LVT)
Global software company, LiveTiles Limited (ASX: LVT) saw its shares rising by 6.239 percent on 14 November 2018 after it announced that the strategic relationship with sales and marketing consultancy and execution firm N3 has generated a pipeline of sales opportunities in the United States that now exceeds $50 million. As at 30 September 2018, the Annualized recurring revenue (ARR) of the company reached $18.6 million which is 272 percent higher that the corresponding previous year. At the end of the September quarter, the company had 566 paying customers and net cash outflow of $11 million. In the month of August, the company raised $25 million through a placement of shares to sophisticated and professional investors at $0.59 per share and the company further raised $2.0m under a Share Purchase Plan in the September month. In the December 2018 quarter, the Company is expecting that the gross cash operating expenses will be around $13.2m and further the company is expecting significant growth in customer receipts in the December quarter. In the last three months, the share price of the company decreased by 36.80 percent as on 13 November 2018. LVT’s shares traded at $0.410 with a market capitalization of circa $231.66 million as on 15 November 2018 (down 2.4%).
Afterpay Touch Group Limited (ASX: APT)
Afterpay Touch Group Limited (ASX: APT) is a technology driven payments company which demonstrated strong financial performance in FY 2018. In FY 2018, the revenue and other income of the company increased by 390 percent to $142.3 million driven by an increase in Afterpay underlying sales and a stable merchant revenue margin. Till the end of October 2018, the company was able to process over A$115 million of underlying sales through its Afterpay platform. As per the company’s recent release, over 300,000 consumers and over 900 retailers have transacted with Afterpay in the US. The company is targeting a FY19 EBITDA loss for its US operations of approximately $20 million which is broadly in line with the Matrix original investment in early 2018 which was earmarked for establishing the US business. In the last six months, the share price of the company increased by 65.8 percent as on 14 November 2018. APT shares traded at $11.69 with a market capitalization of $2.65 billion as on 15 November 2018. Investors are having a mixed view on the stock given the high level of volatility seen across the sector.
NetComm Wireless Limited (ASX: NTC)
NetComm Wireless Limited (ASX: NTC) is a leading global innovator of carrier grade telecommunications technologies which has achieved record result in FY 2018, with revenue up by 69% to $181.7 million. The company has further strengthened its sales presence in its key growth markets of Europe, the UK and North America. The strong growth in revenue resulted in an uplift in EBITDA of more than 5.7 times to $20.5 million. At the end of FY 2018, the company was having a strong balance Sheet with no bank debt and a cash balance of $27.2 million. The company is expecting a revenue growth of 15-20% in FY 2019 and EBITDA is expected to be at a similar level to FY18. The company is planning an investment of $9 million into 5G solutions, of which $4 million is operating expense and $5 million is capital expenditure. In the last six months, the share price of the company decreased by 45.49 percent as on 13 November 2018. NTC’s shares traded at $0.72 with a market capitalization of $106 million as on 15 November 2018.
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