An information technology company, LiveTiles Limited (ASX:LVT) generated positive quarterly operating cash flow for the first time in the fourth quarter of FY20 of ~A$1.2 million.
Annualised recurring revenue (ARR) has increased to A$58.2 million on a constant currency basis, up by 45% in the last year & up by 288% in two years.
Cash on hand of the company increased by A$4.0 million during the fourth quarter to A$37.8 million as of 30 June 2020.