What? U where surpised they loss 22m instead of profit? Ur...

What? U where surpised they loss 22m instead of profit? Ur kidding right? Their cac says it all. Cost to get clients is to high hence why cost os sales was 57m. Its easy to see bigtincan is f*ed and unless they diversify they won't have a future which is why they wnat livetiles.

With %88 retention it means they lost about $18.5m in revenue. For this year to loss only 22m again they need to first get another 18.5m in revenue but that itself costs %50 in sales costs so ur looking at around 30m in new sales revenue just to lose 22m again.

Come on surely u can see that?