FY24 Full Year results presentation

• FY24 EBITDA $11.3m, up from ($4.9m) in FY23
• Gross Margin 88%, FY24 Adj EBITDA $16.2m
• 2,000 Customer Deployments Globally, Addressable Market $10B

Bigtincan Holdings Ltd (ASX:BTH) reported its FY24 full year results, highlighting strong operational and financial performance. The company achieved FY24 EBITDA of $11.3m, a significant improvement from the ($4.9m) loss in FY23. Adjusted EBITDA for the year was $16.2m, up from $8.3m in the prior year. Bigtincan's gross margin remained high at 88% and the company reported 2,000 customer deployments globally, with an addressable market estimated at $10 billion. The company continued to focus on its core customer base, driving improved EBITDA and free cash flow. Bigtincan also made progress on its GenieAI product offerings, which are expected to deliver a 10x+ productivity gain to users. The company raised $20.5m in equity to support growth in GenieAI technologies and strengthen its position as a global leader in sales enablement. Looking ahead, Bigtincan is targeting EBITDA of $14m+ in FY25, with a focus on diversifying into new verticals and leveraging the benefits of GenieAI to drive growth.

Bigtincan is targeting EBITDA of $14m+ in FY25, representing 20%+ growth. The company will provide full FY25 guidance at the upcoming AGM.

Bigtincan will focus on ongoing diversification into new verticals, leveraging the benefits of its GenieAI technologies to provide growth opportunities. The company will also invest in market development to add to new/expand opportunities, with a target to grow its pipeline by 25%+ from June FY24, with payback later in FY25 and into FY26. Bigtincan will maintain its focus on products and customers in its target customer base to take advantage of market development and build a strong core.