Big Un Limited (ASX:BIG) is pleased to announce market guidance for Q1 FY18 following a continued strong start to the new financial year. Based upon the ongoing excellent performance from the BIG sales and production teams in August, BIG expects to achieve global cash receipts from customers in excess of $14m for Q1. BIG will continue to maintain cashflow positive.
Big Un Ltd
Big Un Ltd (ASX:BIG) is the parent company of Big Review TV Ltd. Big Review TV are innovative disruptors in the online video space delivering subscription based video technology products and services. The Company has operations across Australia and in New Zealand, the United Kingdom and the United States, Hong Kong, Singapore and Vancouver and was listed on the ASX in December 2014.
Big Un Limited (ASX:BIG) is pleased to provide an update on operational and sales activity following targeted US expansion in Austin, Texas during Q3/Q4 FY17. The establishment of a sales centre in Austin, TX has resulted in the signing of US customer contracts with an Annual Contract Value in excess of US$6m to date.
Big Un Limited (ASX:BIG) ('the Company') is pleased to announce the release of its 4E preliminary results for the year ended 30 June 2017. BIG achieved cashflow positivity for the year, driven by $21.5m in cash receipts from customers and other sources (up 429% from FY16).
Big Un Limited (ASX:BIG) is pleased to announce an arrangement between The Beacon Foundation, a charity for young Australians, Coca Cola Inc. and Big Review TV Ltd. The Beacon Foundation has received a grant from The Coca-Cola Australia Foundation for filming career profiles that assist youths bridge the gap between school and employment.
Big Un Limited (ASX:BIG) is pleased to announce market guidance for Q1 FY18 following a strong start to the new financial year. Based upon excellent performance from the BIG sales and production teams in July, BIG expects to achieve a cash receipts from customers in excess of $12.5m for Q1 (an increase of 390% from Q1 FY17).
Big Un Ltd (ASX:BIG) is pleased to announce further sponsorship of its Wayfarer executive travel show. Marriott Hotels has joined British Airways in sponsoring further monthly episodes of Wayfarer currently in production and due for release during the remainder of 2017.
Big Un Ltd (ASX:BIG) is pleased to announce the appointment of Jason Short as its Global Chief Technology Officer. As the Company focuses on its global IT capability and international roll out, Jason will lead a team of IT heavyweights utilising his extensive experience in the development of mobile technology, business intelligence and marketing technology for the American and global SME markets.
Big Un Limited (ASX:BIG) is pleased to announce the release of its 4C results for the quarter ended 30 June 2017. BIG achieved cash receipts from customers for the quarter of $9.4m (up 411% from Q4 FY16). The result for the full financial year was cash revenues of over $21.5m (up 429% from FY16).
Big Un Ltd (ASX:BIG) is pleased to announce that it expects to achieve a material increase on the previous cash revenue guidance. BIG previously announced guidance for Q4FY17 cash receipts from customers of $8.15m. As a result of continued strong sales results during June, the Company is revising this guidance to over $9m.
Big Un Ltd (ASX:BIG) is pleased to announce that it has agreed to acquire the Hospitality vertical from The Intermedia Group. The acquisition will provide BIG with advertising revenue of $6m per annum and a direct relationship with over 65,000 Australian businesses.