BIG 0.00% $2.22 big un limited

News: BIG Big Un anitcipates FY17 cash receipts of $19.5mln, page-2

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    FY17 Cash Revenue Guidance Update
    FY17 $20.3m and Cash Flow Positive
    Big Un Limited (ASX:BIG, or ‘the Company’) is pleased to provide a guidance update on
    cash receipts anticipated for FY17 of $19.5m excluding receipts from BHA Media Ltd (BHA).
    Receipts from BHA are anticipated to be in excess of $0.8m and provide the Company with
    combined results for full FY17 of $20.3m (an increase of 399% on FY16 of $4.1m).
    This represents a material increase in the forecast numbers. Prior guidance for FY17 was
    given as $15.5m excluding BHA.
    The Company is also pleased to advise that it anticipates remaining cash flow positive.
    Customer Retention
    Growth in Revenue Generated from Existing Customers
    BIG has been approaching existing customers over the past 12 months to offer them​
    renewals and upgrades to new products and can now publish the consolidated results of this
    exercise
 
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