Bigtincan’s update (attached) was solid, highlights:

·         FY21 ARR of $53.1m, up 48% YoY, organic growth was 29%.

·         FY21 Sales $43.5m in line with guidance ($43-44m) is up 34% YoY

·         Cash of $56.7m, Q4 receipts of $14.7m up 40% PCP excluding multi-year payments (ie normalised basis), Operating cash flow break even for Q4.  FCF -$2.0m for Q4 and likely to remain negative for FY22, but well covered by cash on hand.

·         New technology offerings as detailed in the Product and Technology Investor event held 28 April 2021 including launch of Hubs Product Strategy.  Worth an hour to look at the video (particularly the part on VoiceVibes) at:  https://investor.bigtincan.com.

I first bought BTH in mid 2018 and have topped up twice since.  My current valuation sits at $1.38 (not on Strawman) but needs updating and when I do on release of the annual report I will publish on Strawman.  In the mean time I am comfortable holding around this value and below