Are these factors behind Livehire’s recent revenue pivot?
Whilst the company is aiming to hold effective pricing stable over the long term, there is a clear risk that this pivot will impact short term outcomes.
Livehire looks to have an interesting product, demonstrating good growth and a potentially very large market opportunity. However, current growth is not exceptional relative to valuations. Furthermore the recent change in pricing seems to confirm challenges in this regard. This pricing pivot may well prove to be effective, however, as we have noted previously, any pivot represents increased risks for investors.
Disclosure: I direct readers to the general disclosure regarding this website. The above is not financial advice and I may trade in any of the above securities at any time going forward.