BTH 0.00% 11.5¢ bigtincan holdings limited

Ann: Appendix 4C and Commentary, page-5

  1. 41 Posts.
    Yes you are right.

    On 10Sep2018 in an ASX announcement they stated: "BTH also advises that, based on current trends, it expects its monthly recurring revenue (MRR) inDecember 2018 to approximately match its monthly operating expenses in December 2018 on anormalised basis and so expects to achieve an operating neutral outcome."

    It looks as though there was no revenue growth: 5.53M this quarter vs Q3 FY19 of $5.4m. It is disappointing that this was marketed as "Customer cash receipts of $5.53m, an increase of 119% from the June 2018 quarter of $2.52m". You will note there not much mention of comparisons to last quarter as growth seems to have stagnated. This may be just a short term fluctuation, some of this was disclosed previously, but it is not ideal.
 
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