Half Year FY24 Results Announcement

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Stock Bigtincan Holdings Ltd (BTH.ASX)
Release Time 25 Feb 2025, 10:06 a.m.
Price Sensitive Yes
 Bigtincan Reports 1H FY25 Results
Key Points
  • 1H FY25 Operating Revenue and other income of $51.2m
  • 1H FY25 EBITDA of $2.8m, and $5.6m when adjusted
  • FY25 Full Year EBITDA outlook $10m+
  • 50+ new logos and 200+ expansions in existing customer base
Full Summary

Bigtincan Holdings Ltd (ASX:BTH), a global software company providing an AI-powered sales enablement automation platform, has released its Appendix 4D and commentary on activities in 1H FY25. The company reported 1H FY25 Operating Revenue and other income of $51.2m, and EBITDA of $2.8m, a 49% increase from the prior corresponding period. When adjusted for one-time costs, Adjusted EBITDA was $5.6m. For the full year FY25, Bigtincan expects to achieve revenue of $105m, EBITDA of $10m+, and Adjusted EBITDA of $15m+. The company continued to deliver on its technology roadmap, adding new AI-powered features across its platform, and saw expansions in 200+ customers and 50+ new logos globally. Bigtincan was also awarded the inaugural 2024 Aragon Research Innovation Award for Sales AI, and its Chief Marketing Officer, Pam Dearen, was named one of The Software Report's Top Women Leaders in Software for 2024.

Guidance

For Full Year FY25, Bigtincan expects to achieve: Revenue of $105m, EBITDA of $10m+, and Adjusted EBITDA of $15m+.

Outlook

Bigtincan continues to focus on delivering innovative AI-powered features across its sales enablement platform, driving customer growth and expansion, and maintaining its market leadership position.