Share
62 Posts.
lightbulb Created with Sketch. 1
clock Created with Sketch. 27/02/18
21:38
Share
Originally posted by dontran
↑
Some highlights from the report worth to mention again here:the average monthly cash burn rate has fallen resulting in a cash balance of $11m (only $400k less than at the start of the six month period ). We only burnt 400K cash for the 6 months period and with this rate hopefully we can see cash flow positive soon. The burden of CR is not an issue to worry.Working capital position improved with cash at bank steady at $11.4M, reflecting some multiyear . Unlike other companies with only trials or MOU, BTH products proves working and users are willing to pay in advance. IMO, not many new Tech companies have such power dictating to their users especially Big Names companies.Bigtincan was recognized by leading IT consulting firm Gartner in its 2017 Market Guide for Digital .Deferred revenue growth of 104% to $7.4M over 6 months. Anyone with background accounting, please tell me that can I assume that this 7.4M will be recognized as revenue in the second half 2018? If this is the case, we can safely assume that 7.4M will be our minimum revenue for the coming 6 months?
Expand
Deferred revenue will be recognized when they implement it. It depends on how long a project goes? Anyone has insight about it? You are right, this stock is undervalued. The poor performance today probably reflected the dissatisfaction of its slow growth qtr on qtr. However they did mention it in November presentation.
(20min delay)
