Big Un Limited (ASX:BIG) is pleased to provide guidance on anticipated Cash Receipts from Customers for the quarter ended 30 September 2017 (Q1 FY18). BIG anticipate cash receipts from customers for the quarter of $14.99m. This represents an increase from the prior year quarter Q1 FY17 of 488% and an increase from the prior quarter Q4 FY17 of 60%.
Big Un Ltd
Big Un Ltd (ASX:BIG) is the parent company of Big Review TV Ltd. Big Review TV is a social media, video review platform. BIG 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.
The core activity of Big Un Ltd (ASX:BIG) is the development of a global, video-driven ecosystem that targets B2B2C services by integrating video listings, social media and an innovative mobile video review application.
Big Un Limited (ASX:BIG) is pleased to announce that it has completed the acquisition of the Hospitality vertical from The Intermedia Group (TIG). The acquisition provides BIG with advertising and sponsorship revenue of $6m per annum and a direct relationship with over 65,000 Australian businesses.
Big Un Limited (ASX:BIG) is pleased to provide commentary on the substantial shareholding notices that were provided to the Company and lodged with the ASX on 22nd September 2017.
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 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.