“Bigtincan Holdings Ltd June 2019 Quarterly Report & Appendix 4C
Bigtincan customer cash receipts up 119% vs Q4FY18, ARR up 52% YoY, strong technology releases showcase technology leadership, underlined with major enterprise customer wins.
● Customer cash receipts of $5.53m, an increase of 119% from the June 2018 quarter of $2.52m, representing the highest quarterly cash receipts for the Company to date.
● $23.4m annualised recurring revenue up from $15.4m in June 2018: 52% year-on-year growth.
● Key enterprise customer wins & expansions including Anheuser-Busch, Brookdale Senior Living
and Sony Playstation.
● Successful completion of $15.6m entitlement offer to fund key organic growth initiatives and M&A
opportunities in line with acquisition criteria.
● New products released during the quarter including the showcase of Bigtincan Genie voice
assistant, demonstrating continued technology leadership.
● FatStax acquisition exceeds top tier of earn-out performance target.
● Cash balance at 30th June 2019 of $25.4m.
● Bigtincan remains on track to deliver in excess of 40% revenue growth in FY19 and expects
retention to remain stable.
● The company is well positioned for further growth throughout the 2020 Financial Year.”
......etc
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