News: BIG Big Un says FY revenue from ordinary activities $14 million, page-137

Example: BIG books lots of work in Q4 (we know that because they grow a lot from Q3 to Q4) - according to BIG work is being done 6-8 weeks after. For me that means the cost of work booked in Q4 is not in FY17 but in FY18. If the cost had been in FY17 then the result would not be -4.2 with 9 mill deferred but maybe -7.2 with 6 mill deferred.

If -4.2, 9 are expressing the same as -7.2,6 ----then I am totally far out in my thinking. If not then I need to investigate a lot more.

BIG is specifically pointing to the fact that 4.2 became -4.2 and the deferred revenue is the reason. And yes if that is the truth then it is good. But this is the part i doubt

I fully understand SAAS as I have followed ACX also and I am not trying to do anything but be enlightened to make better decisions.

I will change my sentiment if it changes - and it is a close call right now.