Ann: Response to ASX Query Letters, page-233

My estimated operating profit:

Revenue: cash receipt $37.5m x 59% = $22m + $5m revenue realised from previous deferred revenue of $9m = $27m
Total cash outflow for the first half year: $20.6m
Operating profit before tax: $6.4m for the first half.

I think BIG, initial intention was to replicate Video version of tex review platform, that might be why they called Big Review TV, to become a good review platform, you have to have heaps of videos, so they got FCC sponsorship to fast develop video library at minimal cost, might be at profit.

All imo, just for exercise.