News: BIG Big Un says FY revenue from ordinary activities $14 million, page-156

In addition,

The Company’s cash receipts totalled $21.52 million for the 2017 nancial year. Revenue for the period comes primarily from the sale of licenced video content produced from Australia-wide operations. The signi cant difference between cash receipts from operations and sales revenue is due to the revenue recognition of the sales contracts. In many cases, the Company receives cash payment upfront on 12 month contracts, however, the accounting treatment sees the sales revenue recognised proportionately over the life of the contract as the services are provided.

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