Insights

Bigtincan (ASX:BTH) share price dips despite new contract

The company’s shares have had a tough run of late…
The post Bigtincan (ASX:BTH) share price dips despite new contract appeared first on The Motley Fool Australia. –

The Bigtincan Holdings Ltd (ASX: BTH) share price is in negative territory today regardless of a positive company announcement.

At the time of writing, the enterprise mobility software company’s shares are down 3.38% to $1.285. This means its shares are now down by more than 12% in a month.

What did Bigtincan release to the ASX?

According to its update, Bigtincan advised it has signed a contract with Asurion to deploy its sales enablement platform. This comprises of Bigtincan’s Content Hub and Learning Hub for the initial deployment.

It is expected the deal will generate around $2 million in revenue for Bigtincan over the next three years.

The software will be used by Asurion’s channel partners across North America. The platform will deliver training, communications and mobile content centred on improving sales techniques for Asurion’s products.

Bigtincan’s solution is anticipated to reach up to 50,000 Asurion distributor users over the course of the agreement.

Bigtincan CEO and co-founder David Keane commented:

It’s great to see Asurion choosing to use the Bigtincan platform to provide content and training to its distributors’ employees, enabling their customer facing teams to intelligently prepare for, measure, and continually improve the buying experience.

This is a further example of how Bigtincan is helping our customers create the buying experience of the future for their customers. We are excited to support Asurion’s deployment across its partner network.

Who is Asurion?

Founded in 1994, Asurion is a global tech care company that provides a number of services for a wide range of technology products. This includes insurance, installation, repair, replacement and support for mobile phones and laptops, also extending to household appliances.

The company operates its offices across a number of locations worldwide and has more than 300 million customers.

Bigtincan share price snapshot

Since this time last year, Bigtincan shares have lifted more than 20% but are flat for 2021. The company’s share price is hovering around the middle of its 52-week range of 76.1 cents to $1.561.

Based on today’s price, Bigtincan has a market capitalisation of roughly $725.7 million with approximately 545.6 million shares on issue.

The post Bigtincan (ASX:BTH) share price dips despite new contract appeared first on The Motley Fool Australia.

Should you invest $1,000 in Bigtincan right now?

Before you consider Bigtincan, you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Bigtincan wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of August 16th 2021

More reading

3 rapidly growing ASX tech shares to buy

Here’s why the Bigtincan share price has soared 50% higher in the past 6 months

3 small cap ASX shares analysts rate highly

4 small cap ASX shares to watch

3 stellar small cap ASX shares for your watchlist this month

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BIGTINCAN FPO. The Motley Fool Australia owns shares of and has recommended BIGTINCAN FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

Trade The World Anywhere & Anytime!

Mobile app platform with over 50,000 global listed securities across 12 markets (over 70% global market capitalisation), right from your Android or iOS device.

Integrated with exclusive trading idea and investment analysis tools to help you find actionable insight on virtually every financial instrument across our 12 global markets, to help you optimise your trading strategies.

Refer Your Friends

Tell your friends about Monex and gift them FREE access to our trading tools.

We respect your privacy and will only send this one email notification to your friends. 

Share With Your Friends

Share on facebook
Share on twitter
Share on linkedin

Monex Trading Tools Access and Usage Terms

The Monex Trading Tools (referred to as ‘tools’ hereafter) are available to you inside your client portal;


To activate access to the tools, you must have a verified and approved trading account and have made a deposit of at least AUD $1000.


An active and funded account with a positive trading balance is required to continue to have access to the tools;


Although the tools are available to you indefinitely, Monex Securities may at it’s discretion disable access to the tools in the future;


Monex securities reserves the right to change these terms and conditions from time to time, as it sees fit, without notice.

Important Notice
iOS & Android App - 12 International Markets & Over 70% Global Market Cap. $0 Brokerage On US Trades. Click Here!