Cash Revenue Guidance - September 2017
Sydney, Aug 10, 2017 AEST (ABN Newswire) - Big Un Limited (
ASX:BIG) (or 'the Company') 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).
Outlook
Positive start to FY18
Commenting on the guidance, CEO Richard Evertz says, "The Company continues to experience strong demand for video subscription in Australia and our early sales activity in the US is yielding excellent results, well ahead of our initial expectations. Further details on overseas performance will be provided to the market in the coming weeks. July has proved to be another record month for us and BIG are in a strong position for Q1 of this financial year."
To view figures, please visit:
http://abnnewswire.net/lnk/5VMX7MGV
About 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.
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