Sept 15 (Reuters) - Bigtincan Holdings (BTH) : COST REDUCTION...

Sept 15 (Reuters) - Bigtincan Holdings (BTH) :

• COST REDUCTION PROGRAM, MODUS INTEGRATION AND MARKET RECOGNITION
• COST REDUCTION PROGRAM TO REDUCE OPERATING EXPENDITURE BY 10%
• PROGRESSION OF INTEGRATION OF MODUS ENGAGEMENT INC ADDS MULTI-HUB OPPORTUNITIES FOR 1H FY24
• SAW A MATERIAL INCREASE IN BOTH ADJUSTED EBITDA2 AND EBITDA IN FY23 WITH ADJUSTED EBITDA AT A$8.3M IMPROVING BY OVER 100% VERSUS FY22
• REDUCTION OF FULL TIME ROLES IN BUSINESS AND ADJUSTMENTS IN CONTRACTOR AND PROGRAM SPEND
• REDUCTION OF FULL TIME ROLES WITH FOCUS ON NON-CUSTOMER FACING ROLES IN USA
• COST REDUCTION PROGRAM WILL ENABLE FY23 CASH FLOW POSITIVE