Another AFR article, page-183

What everyone that holds doesn't get is the misleading finanical reports.

BIG now are revealing how their cashflow operates... which is that the majority of their customers take on debt to use their product.

The financing for the debt is by one of their biggest shareholders and they get paid a commission on that, nice.

BIG have reported the finance given as cash receipts... aka REVENUE.

That ain't revenue... when you get paid actual money from the CUSTOMER that's revenue.