Bigtincan Holdings Ltd ( (AU:BTH) ) has provided an announcement.
Bigtincan Holdings Limited announced its 1H FY25 results, reporting operating revenue of $51.2 million and an adjusted EBITDA of $5.6 million. The company continues to expand its customer base with over 50 new clients and 200 expansions, driven by its investment in AI technologies. Bigtincan received the 2024 Aragon Research Innovation Award for Sales AI, highlighting its leadership in sales enablement. The company is progressing with a Scheme of Arrangement with Vector Capital LLC, which includes a goodwill impairment of $54 million to align with the proposed transaction. Bigtincan expects to achieve a full-year revenue of $105 million and an EBITDA of over $10 million for FY25.
More about Bigtincan Holdings Ltd
Bigtincan Holdings Limited is a global software company specializing in AI-powered sales enablement automation platforms. The company focuses on enhancing sales processes through innovative AI technologies, catering to a diverse customer base with a significant presence in both global and US domestic markets.
YTD Price Performance: 2.50%
Average Trading Volume: 3,613,940
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$168.4M
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