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$2.22 big un limited

Ann: Big Un Limited Market Update- Finstro, page-78

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elzephyrus

5,515 Posts.

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08/02/18

20:59

Post #: 30928342
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Originally posted by musky45 ↑

Wrong way around. AUS is deferred revenue as 12 months of revenue is paid up front (cash receipts). Ie 25% would be booked as revenue in Q1, 75% would be ‘defferred revenue’, in Q2 another 25% would be booked as revenue, and only 50% would remain on the balance sheet as deferred revenue, in Q3, its 75% Rev / 25% deferred, and after Q4, all revenue is recognized and no deferred Rev remained locked up on the balance sheet. (It just so happens that in many circumstances the customers are using finance to make that upfront payment)

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I think he meant deferred payment in the US.. BTW, I remember Finstro being mentioned as a sponsor of BIG a while back. It was also mentioned that they were partnering to provide finance. So none of this is new. Its just a clarification. And deferred revenue was also clarified after the fy report.

BIG Price at posting: $2.77 Sentiment: Buy Disclosure: Held
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