Limeade, Inc. (ASX:LME)
1. About
Limeade, Inc. (ASX:LME) is a leading employee experience software as a service (SaaS) provider. Through the Limeade platform and its integrated software solutions, Limeade helps organisations better care for their employees, with the goal of driving higher employee engagement and well-being, and lower employee turnover. Limeade currently has a customer base of more than 175 companies with over 2.4 million users in more than 100 countries.
The Company's solutions are provided under a subscription-based revenue model, typically charged on a per employee per year basis. The Company has had strong historical growth and has high quality recurring revenue, comprising 96% of FY20 forecast revenue. The Company expects to drive continued growth by selling Limeade solutions to new and existing customers.