Ann: Q3 FY21 Appendix 4C and Commentary, page-39

What’s Going on With Bigtincan? Highlights

Over the past year we’ve been watching BTH closely as it dropped during COVID before reaching all time highs and is again starting to retrace, So what’s going on with BigTinCan share price?

“Bigtincan Holdings Limited (ASX:BTH) is a global software company providing a leading AI-powered sales enablement automation platform”

Bigtincan Share Price

Current Share Price: $1.02

52 Week Range: $0.69-1.60

Market Cap: $423,229,396

The current share price is $1.02, which is in the middle of its 52-week range of 0.69-1.60. BTH set an all-time high in October of 2020.

BTH Shares: Q3 Quarterly Report

BTH released its Q3 Quarterly Report at the end of April. Here’s the Highlights:

• Customer cash receipts of $12.2m against end December 2020 ARR of $48.4m
• Cash operating payments of $15.8m including full quarter for ClearSlide and Agnitio acquisitions announced Q2 FY21, and payment for VoiceVibes acquired early January 2021.
• Bigtincan had $59.1m in cash and cash equivalents at the end of the March Quarter and is well funded to continue its growth strategy.
• New technology offerings as detailed in the Product and Technology Investor event held April 28th 2021.
• New customer wins showcase ongoing market adoption and growth

Merger and Acquisition

At the end of Q2 FY21 Bigtincan completed its largest M&A deal to date acquiring Clearslide, a similar but complementary sales enablement software business for US$16.25m cash (A$22.6m).

BTH Shares: Financials

BTH financials were released in February 2021. Here’s the 1H FY21 Highlights:

• Annualized Recurring Revenue of $48.4m – growth of 50% vs 1H FY20
• Revenue of $18.4m – growth of 33% over 1H FY20
• Lifetime Value up 44% to $363m
• Two strategic acquisitions to support future growth and technology innovation
• Ongoing market recognition to further build strength in the global market
• Investments in technology team to sustain product advantage
• Well capitalized for growth with $65m in cash *

BTH Shares: Technicals

The general consensus within the Technical Analysis community is currently bullish on BTH shares. The moving averages and Technical Indicators seems to indicate a Buy.

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