Ann: Big Un Limited Market Update- Finstro, page-76

My take from the announcement,

(1) BIG is "factoring" invoices issued to its clients with F C Capital (via the Finstro platform), and collects discounted proceeds upfront. BIG then receives the proceeds into its bank account, and  discloses it in Appendix 4C cash flow statement. BIG's clients then settle their invoices (debt) with F C Capital.

(2) As for the statement:  "BIG will continue to explore ways to add value to its customers including provision of alternative financing solutions. This may include greater use of the Company’s own financial resources in future."
I would suggest that BIG is thinking of raising additional income through  financing clients in-house, and to do this possibly through the acquisition of a company for the purpose. Remember it has $31.369m sitting in the bank as at 31/12/2017.

(3) Big boys are possibly clamouring for the appointment of a Big 4 audit firm to audit BIG's financial statements before they invest in the company because trust is in short supply. I would opine that any auditor licensed by the ASIC is as good as one from the Big 4 for the audit of BIG, which does not conduct complex business activities.

(4) I have a gut feel that the 1/2 year accounts to be released will still show a small loss (I hope I am wrong here), due to the expansion cost over in the US, but Q3 and Q4/2018 will bring up the rear with a juicy profit for the end of the financial year.

Please DYOR